Companies such as Larsen & Toubro, TVS Motor Company, Hindustan Unilever, Zee Entertainment Enterprises, IDFC First Bank, Ambuja Cements, Bank of Baroda, Biocon, Mphasis, Tata Motors, ABB India, Bajaj Auto, Maruti Suzuki India, ICICI Bank are expected to announce their Q1 earning results in the coming week
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Government holding in several PSU banks continues to remain at very high levels. It is as high as 75 per cent in PNB and 65 per cent in Bank of Baroda
State-run Dena Bank and Vijaya Bank are a part of Bank of Baroda from today, marking the first-ever three-way merger in India's banking sector. The amalgamation of Vijaya Bank and Dena Bank into Bank of Baroda, first announced in September last year, comes into force from April 1, 2019. The development creates the country's third largest public sec...
The merged entity would also receive a fund infusion of Rs 5,042 crore from the government. The Ministry of Finance has conveyed its decision to infuse the capital in Bank of Baroda.
Rejecting the plea by the staff and officers of two merging banks and their associations, the bench of Justice Rohinton Fali Nariman and Justice Vineet Saran in its order said: "No case for grant of stay."
Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period.
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