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  • Merger of two small finance banks reveals struggle to scale

    Merger of two small finance banks reveals struggle to scale

    Organic growth takes time and may increase the operating expenses of small finance banks. In a scramble for deposits and intensive competition in lending, SFBs have to look for inorganic growth.

  • Indian Bank integrates core banking software of erstwhile Allahabad Bank

    Indian Bank integrates core banking software of erstwhile Allahabad Bank

    Indian Bank on February 11 alerted customers that they may face inconvenience later this week as it will carry out the software migration.

  • Punjab National Bank announces share exchange ratio for merger with Oriental Bank, United Bank

    Punjab National Bank announces share exchange ratio for merger with Oriental Bank, United Bank

    The bank also said the board has fixed March 25 as the date for issuing and allotting its equity shares to the shareholders of the two other banks.

  • Bank strike: Employees of two unions threaten stir on October 22

    Bank strike: Employees of two unions threaten stir on October 22

    However, the country's largest lender, the State Bank of India (SBI) has said in a notice to the exchanges that the impact of the proposed strike on its operations is expected to be minimal.

  • Warburg may acquire an additional 20.5% stake in IndiaFirst from Andhra Bank

    Warburg may acquire an additional 20.5% stake in IndiaFirst from Andhra Bank

    The sale is expected to bring in Rs 700 crore for state-run lender Andhra Bank

  • Banking sector weekly wrap: Jet Airways on sale; RBI's woes over stressed assets and big ticket bank mergers

    Banking sector weekly wrap: Jet Airways on sale; RBI's woes over stressed assets and big ticket bank mergers

    For customers, the wait for lower monthly loan installments just got longer.

  • Opinion | Why a fetish for fiscal deficit has cost us dear

    Opinion | Why a fetish for fiscal deficit has cost us dear

    Follow the IL&FS episode and the merger of three banks, the way to go for the finance ministry is to say the following: Sorry, we also messed up the lending business, like our predecessors. The buck stops with us

  • Opinion | Merging 3 PSU banks a bold step by Modi govt, can set path for future mergers

    Opinion | Merging 3 PSU banks a bold step by Modi govt, can set path for future mergers

    While there are clearly benefits in this merger, it is important to also note that the mergers of this kind is not a panacea for all the challenges facing PSBs—especially the problem of NPAs

  • Editor’s Take I Govt's proposal to merge Bank of Baroda, Vijaya Bank & Dena Bank

    Editor’s Take I Govt's proposal to merge Bank of Baroda, Vijaya Bank & Dena Bank

    Public sector banks are reeling under pressure of stressed assets. Many banks are in a fragile condition due to excessive lending and ballooning NPAs.

  • Banking sector this week: Rajan opens up on cash ban; HDFC Bank "too big to fail"

    Banking sector this week: Rajan opens up on cash ban; HDFC Bank "too big to fail"

    SC stayed insolvency proceedings against Jaypee Infratech, RBI declared HDFC Bank as “too big to fail bank” but RBI’s former head Raghuram Rajan stole the cake talking about demonetisation at the launch of his book “I Do What I Do”

  • Banks must be merged when healthy: Former RBI Governor Raghuram Rajan

    Banks must be merged when healthy: Former RBI Governor Raghuram Rajan

    Rajan spoke as he released his book “I Do What I Do” based on compilation of his speeches and his commentary on the reform, rhetoric and resolve.

  • I'm against making RBI completely independent: Key takeaways from Raghuram Rajan's speech

    I'm against making RBI completely independent: Key takeaways from Raghuram Rajan's speech

    Raghuram Rajan's new book talks about reforms, rhetoric and resolve through a compilation of his speeches delivered while at the helm of the central bank.

  • Bank mergers set to gain momentum as govt asks PSB chiefs to submit proposals

    Bank mergers set to gain momentum as govt asks PSB chiefs to submit proposals

    Merger proposals to largely constitute factors such as capital strengths, geographical presence, asset quality, IT compatibility and human resource transition of the banks

  • Bank unions plan to meet PM Modi next month; Tuesday strike disrupts banking transactions

    Bank unions plan to meet PM Modi next month; Tuesday strike disrupts banking transactions

    The nationwide strike called upon by nine bank unions on Tuesday saw major participation of nearly 10 lakh employees and officers of public sector banks across 10,300 branches in the country.

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