Dena Bank

Bank of Baroda said its financial results comprised earnings of Dena Bank and Vijaya Bank, which were merged into it in April last year.

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.

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...

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."

Three persons were arrested for allegedly stealing Rs 16,700 in one rupee coins from Dena Bank's Matunga branch in Mumbai, police said on Tuesday.

After April 1, the number of state-run lenders will come down from 21 to 18 following the amalgamation of three banks.

Earlier on December 26, 2018, nine bank unions had observed a one-day strike to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

Earlier this week, the Cabinet approved merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Under the merger plan, Bank of Baroda said it would issue 110 shares of Rs 2 each for every 1,000 shares of Dena Bank worth Rs 10 each, while Vijaya Bank shareholders would get 402 Bank of Baroda shares of Rs 2 each for every 1,000 shares of Rs 10 each. Last year, the government revealed plans to merge state-run Dena Bank, Vijaya Bank and Bank of B...

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the merger of state-run Vijaya Bank, Bank of Baroda and Dena Bank. This marks the first-ever three-way merger in the country's banking sector. The merged entity will become the third largest bank in the country, after government-owned State Bank of India and private sector lende...

Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Branches of state-owned banks are shut on Wednesday on account of a nation-wide strike called by the United Forum of Bank Unions (UFBU) against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. However, private sector banks, whose employees are not part of the UFBU, continue to function as usual. The UFBU, which is an umbr...

The bank strike is against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh employees in private and government banks would go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank, trade union All India Bank Emp...

Bank of Baroda said its financial results comprised earnings of Dena Bank and Vijaya Bank, which were merged into it in April last year.

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.

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...

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."

Three persons were arrested for allegedly stealing Rs 16,700 in one rupee coins from Dena Bank's Matunga branch in Mumbai, police said on Tuesday.

After April 1, the number of state-run lenders will come down from 21 to 18 following the amalgamation of three banks.

Earlier on December 26, 2018, nine bank unions had observed a one-day strike to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

Earlier this week, the Cabinet approved merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Under the merger plan, Bank of Baroda said it would issue 110 shares of Rs 2 each for every 1,000 shares of Dena Bank worth Rs 10 each, while Vijaya Bank shareholders would get 402 Bank of Baroda shares of Rs 2 each for every 1,000 shares of Rs 10 each. Last year, the government revealed plans to merge state-run Dena Bank, Vijaya Bank and Bank of B...

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the merger of state-run Vijaya Bank, Bank of Baroda and Dena Bank. This marks the first-ever three-way merger in the country's banking sector. The merged entity will become the third largest bank in the country, after government-owned State Bank of India and private sector lende...

Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Branches of state-owned banks are shut on Wednesday on account of a nation-wide strike called by the United Forum of Bank Unions (UFBU) against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. However, private sector banks, whose employees are not part of the UFBU, continue to function as usual. The UFBU, which is an umbr...

The bank strike is against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh employees in private and government banks would go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank, trade union All India Bank Emp...