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Bandhan Bank set to acquire Gruh Finance in share swap deal Mumbai: Bandhan Bank Ltd is going to acquire mortgage lender Gruh Finance Ltd through a share swap deal, which will help the bank in reducing promoter holding and expand its housing finance portfolio....

Livemint January 07, 2019

Bank of Baroda to become larger than ICICI Bank from 1 April New Delhi: Bank of Baroda to become India’s third largest commercial bank with total business worth Rs 15.4 trillion (US$ 218.87 billion) post completion of the amalgamation process on April 01, 2019....

Livemint January 03, 2019

Cabinet approves first-ever three way merger in Indian Banking with amalgamation of Vijaya, Dena and Bank of Baroda New Delhi: The Government of India has approved the amalgamation scheme for Bank of Baroda, Vijaya Bank and Dena Bank, the commencement of which will start from April 01, 2019....

Press Information Bureau January 03, 2019

RBI issues norms for restructuring loans to MSMEs New Delhi: New norms for restructuring of existing loans to micro, small and medium enterprises (MSMEs) have been released by the Reserve Bank of India (RBI)....

PTI January 01, 2019

SBI plans to disburse agri loans digitally: Official New Delhi: State Bank of India (SBI) has started running pilot projects to disburse agricultural loans digitally and plans to roll out the service for the farmers very soon....

PTI December 11, 2018
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