The mergers of the Publi Secotor Bank appears to be challengins from April 1st as there seems to be more odd in the way of meeting the target date as a series of regulatory approvals and clearances are still pending. It is believed that the Pri…
It is reported by Financial Express that the Prime Minister’s Office (PMO) has held a meeting on Wednesday on the proposed amalgamation of 10 public sector banks (PSBs) to create four larger lenders. It is believed that the scheme to implement am…
Canara Bank & Syndicate Bank proposed merger - In view of the proposed amalgamation of Syndicate Bank and Canara Bank, the MD & CEO of the bank has announced in a meeting that there would be minimum transfer up to scale IV or Chief Manager…
Livemint reported that t he Government of India Centre has warned its employees of "consequences" if they go on strike or Bharat Bandh called on 8 January by one of their associations to protest against Union government's policies incl…
Though the 11th Bipartite Wage revision of the Public Sector Banks are still pending for more than two years with the reason of higher Non performing assets (NPA), the employees union of the Public Sector Bank, All India Employees Association (AIBE…
Finance Minister Nirmala Sitharaman today announced a big consolidation of public sector banks : Indian Bank to be merged with Allahabad Bank; PNB, OBC and United Bank to be merged (PNB will be the anchor bank); Union Bank of India, A…
