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Bank of Baroda, Dena Bank, Vijaya Bank to be merged, create India's third largest bank New Delhi: Government of India is planning to merge Bank of Baroda, Dena Bank and Vijaya Bank, which is expected to create India's third-largest bank, according to Mr Rajiv Kumar, Secretary, Department of Financial Services, Government of India....

IBEF September 18, 2018

Banks' credit costs to stay at 2-3% till FY20, says India Ratings Mumbai: Credit costs of Indian banks will remain at 2-3 per cent in FY19 and FY20, according to rating agency India Ratings and Research....

Business Standard September 18, 2018

20 lakh people join modified JanDhan scheme, total account holders 32.61 cr New Delhi: More than 2 million people have joined the modified Pradhan Mantri Jan Dhan Yojana (PMJDY), increasing the total number of account holders under the financial inclusion programme to 326.1 million as on September 5, 2018....

PTI September 17, 2018

HDFC Bank is India's most valued brand for 5th year in a row Mumbai: HDFC Bank has retained its position as India's most valuable brand in 2018 with its brand value increasing 21 per cent to US$ 21.7 billion, as per rankings by WPP and Kantar Millward Brown....

PTI September 07, 2018

Govt makes Jan Dhan scheme open-ended with more incentives New Delhi: The Government of India has decided to make the Pradhan Mantri Jan Dhan Yojana (PMJDY) an open-ended scheme with better incentives to encourage more people to open bank accounts....

PTI September 06, 2018
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