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10 Govt Banks Merge into 4 Banks Business

10 Govt Banks Merge into 4 Banks

Finance Minister Nirmala Sitharaman announced the merger of ten public sector banks into four banks. This decision has been made to salvage loss making banks.

Dena Bank & Vijaya Bank Merge with Bank of Baroda Business

Dena Bank & Vijaya Bank Merge with Bank of Baroda

For the first time in India, on 1st April 2019, Dena Bank and Vijaya Bank merged with Bank of Baroda to form India’s second largest Nationalised Bank worth Rs 15 lakh crore.