Indian central bank approves merger of three state-owned banks.

BANKING AND CREDIT NEWS-January 3, 2019--Indian central bank approves merger of three state-owned banks

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Global Banking News - 03 January 2019

The Indian central bank has approved the merger of three state-owned banks in the nation.

Dena Bank, Vijaya Bank and Bank of Baroda (BoB) are to be merged into a single entity. The resulting firm, Bank of Baroda, will become the third largest bank in the nation. It is believed...

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