The government on Monday announced the merger of three state-run banks— Bank of Baroda, Dena Bank and Vijaya Bank— to create the country’s third largest lender, setting off consolidation in the nationalised banking space after years of discussion.
The government on Monday announced the merger of three state-run banks— Bank of Baroda, Dena Bank and Vijaya Bank— to create the country’s third largest lender, setting off consolidation in the nationalised banking space after years of discussion.