#bankmerger

[saracausey1]

I feel like we already don’t have much choice as it is now. But if you concentrate all of that wealth and power into the hands of five or six megabanks, and it’s like, these are your options, take it or leave it, you can get thrown out onto the ice of Gotham.

-Saturday Broadcast 47, published on May 6, 2023

And now Capital One is buying Discover. 🤷🏻‍♀️

[3ea-global]

Financial Analysis & Impact of HDFC - HDFC Bank Merger

HDFC Bank and HDFC Ltd on 4th April 2022, announced the merger of both the entities thus setting the stage for one of the biggest deals in the Indian financial sector. The announcement of the merger resulted in a huge surge in the two firms' share values and showed a 7% bullish nature in early trading hours.

According to HDFC Bank, the transaction is expected to close within the next 18 months, subject to regulatory approvals and other customary closing conditions.

India's largest housing finance firm, with ₹5.26 trillion in assets under management (AUM) and a market capitalization of ₹4.44 trillion, would merge with HDFC Bank, India's largest private sector bank by assets and a market capitalization of ₹8.35 trillion.

What is the share swap ratio of the merger?

Shareholders of HDFC Limited, as of the record date, will be given 42 shares of HDFC Bank for 25 shares of HDFC Limited.

How will the ownership change?

Following the merger, HDFC Limited's stake in HDFC Bank will be erased, HDFC Bank would be held entirely by public shareholders and 41% of HDFC Bank will be owned by Existing HDFC Limited shareholders.

How will the merger benefit the two entities?

While this will boost the firm’s capability to cross-sell products to a bigger client base, it will also aid them to utilise distribution across urban, semi-urban, and rural areas. This combined balance sheet of  ₹17.87 trillion and  ₹3.3 trillion net worth will allow for higher scale underwriting.

Management View

Deepak Parekh, Chairman of HDFC Ltd., said that the merger process will be completed in 12-18 months and it will be a merger of equals. He believes that the housing finance business is assured to grow in leaps and bounds due to the RERA implementation, government initiatives and the infrastructure status of the housing sector. Various regulations for banks and NBFCs have been harmonised over the last few years, thereby enabling the potential merger.

He also added that the underwriting of large ticket infrastructure loans, accelerated the pace of credit growth in the economy, boosted affordable housing and increased the quantum of credit to the priority sector, including credit to the agriculture sector would be allowed by the larger balance sheet.

Customers’ interests

What is certain is that the status quo will be maintained until the merger takes effect, which could take anywhere from 12 to 18 months as authorisation will be needed by several agencies including the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), Development Authority (PFRDA) and Pension Funds Regulatory and Competition Commission of India (CCI).

According to management, the merger could go into effect in Q3 or Q4 of FY24.  Sashidhar Jagdishan, MD and CEO, HDFC Bank, told Moneycontrol that the rates which HDFC and HDFC Bank depositors are getting will remain the same and there will be a harmonisation of the bank’s card rates after the merger happens. That is after the merger takes place, depositors will be offered the bank's rates.

Borrowers and depositors will be stuck with the status quo until then. Currently, a deposit of fewer than 2 crores with a term of two years and nine months will generate 6.15-6.35 % per year as interest. HDFC Bank offers interest rates of 5.2-5.7% per annum for comparable tenures.

As per HDFC’s distributors, the top officials will be collaborating for smooth working.

HDFC-HDFC Bank merger affecting sectors beyond banking

The effect of the HDFC-HDFC Bank merger will be for the bigger space of the Indian financial sector and will not just be limited to the banking sector. The large finance companies have practically no benefit from regulatory arbitrage. Previously, such a deal between banks and NBFCs was commonplace.

The logic of the merger is very clear — the cost of borrowing for banks is lower. Financing companies, especially house finance companies, must rely on wholesale market funding or bank borrowings, both of which are highly expensive. Above a certain size, it becomes difficult to rely solely on wholesale funding or bank borrowings.

Large finance firms may eventually be turned into banks, subject to the Reserve Bank of India’s comfort and guidelines because the shareholding of many big NBFCs is with large corporations.

As per the market, there will be good cost savings and efficiency for the merged entity, especially on the infrastructure side, after witnessing the behaviour of share prices of HDFC and HDFC Bank. They went ahead with it as they do not see any regulatory issues cropping up for the merger.

[chaitanyabharatnews]

पंजाब नेशनल बैंक में हुआ यूनाइटेड बैंक और ओरिएंटल बैंक का विलय, जानिए आप पर क्या होगा असर

चैतन्य भारत न्यूज नई दिल्ली. साल 2017 में देश में सार्वजनिक क्षेत्र के कुल 27 बैंक थे, जो अब घटकर 12 रह गए हैं। अब ओरिएंटल बैंक ऑफ कॉमर्स (ओबीसी), यूनाइटेड बैंक ऑफ इंडिया (यूबीआइ), सिंडिकेट बैंक, आंध्रा बैंक, कॉरपोरेशन बैंक और इलाहाबाद बैंक इतिहास का हिस्सा बन गए हैं। मोदी सरकार ने सबसे बड़े विलय का ऐलान करते हुए 30 अगस्त 2019 को इन बैंकों को चार अलग-अलग सरकारी बैंकों में मिलाने की घोषणा की थी। जिसके बाद 1 अप्रैल से बैंकों का विलय लागू हुआ है। बता दें इनमें 6 विलय वाले बैंक और 6 स्वतंत्र बैंक हैं। सार्वजनिक क्षेत्र के बैंक ओरिएंटल बैंक ऑफ कॉमर्स और यूनाइटेड बैंक ऑफ इंडिया का विलय पंजाब नेशनल बैंक में हुआ है। वहीं, सिंडिकेट बैंक का विलय केनरा बैंक में कर दिया गया है। आंध्रा बैंक व कॉरपोरेशन बैंक को यूनियन बैंक ऑफ इंडिया में मिलाया गया है। इसके अलावा इंडियन बैंक का विलय इलाहाबाद बैंक में हो गया है। Punjab National Bank, United Bank of India & Oriental Bank of Commerce have come #TogetherForTheBetter.#Amalgamation #PNB #OBC #UBI pic.twitter.com/lKxv4elLyW — Punjab National Bank (@pnbindia) April 1, 2020 पंजाब नेशनल बैंक (पीएनबी) ने बुधवार को कहा कि, 'यूनाइटेड बैंक ऑफ इंडिया (यूबीआई) और ओरिएंटल बैंक ऑफ कॉमर्स (ओबीसी) की सभी शाखाओं ने उसकी शाखाओं के रूप में काम करना शुरू कर दिया है।' विलय के बाद जो बैंक बना है वह शाखा और कारोबार दोनों के ही लिहाज से भारतीय स्टेट बैंक के बाद देश का दूसरा सबसे बड़ा बैंक बन गया है। विलय के बाद अब पंजाब नेशनल बैंक 11 हजार शाखाओं और 18 लाख करोड़ रुपए की पूंजी के साथ भारतीय स्टेट बैंक के बाद देश का दूसरा सबसे बड़ा बैंक बन गया है। बैंक ऑफ बड़ौदा अब दूसरे से तीसरे स्थान पर आ गया है। 15.20 लाख करोड़ रुपए की पूंजी के साथ केनरा बैंक अब चौथे स्थान पर आ गया है। यूनियन बैंक 14.59 लाख करोड़ रुपए पूंजी के साथ देश का पांचवां सबसे बड़ा बैंक बन गया है। इलाहाबाद व इंडियन बैंक का संयुक्त कारोबार 8.08 लाख करोड़ का होगा और यह देश का सातवां सबसे बड़ा बैंक होगा। इसके साथ ही सरकारी क्षेत्र के बैंकों की संख्या 18 से घट कर 12 रह गई है। विलय के बाद सार्वजनिक सेक्टर में सिर्फ भारतीय स्टेट बैंक, बैंक ऑफ बड़ौदा, पंजाब नेशनल बैंक, केनरा बैंक, यूनियन बैंक, इंडियन बैंक, बैंक ऑफ इंडिया, सेंट्रल बैंक ऑफ इंडिया, इंडियन ओवरसीज बैंक, पंजाब एंड सिंध बैंक, बैंक ऑफ महाराष्ट्र और यूको बैंक ही रह जाएंगे। तकनीकी तौर पर तो विलय बुधवार को हो गया है। लेकिन इसकी जमीनी तौर पर प्रक्रिया के पूरी होने में थोड़ा समय लगेगा। दरअसल पूरे देश में अभी लॉकडाउन चल रहा है, इस वजह से विलय से संबंधित कई काम पूरे नहीं हो सके हैं। ग्राहकों को नई चेक बुक और एटीएम देने का काम भी प्रभावित हुआ है। फिलहाल ग्राहकों की पुरानी चेक बुक और एटीएम पहले की तरह काम करेंगे। Read the full article

[investsteer-blog]

Why do you think FINANCE MINISTRY announced bank merger? Tag someone who need to see this. #banksofindia #banks #bankaccount #bankemployee #losers #sensex #financeministry #financememes #financetips #financeblogger #financemajor #financegoals #financecoach #financemanager #financefreedom #financeminister #nirmalasitaraman #investsteer #vijayawada #bankmerger #sensextoday #sensexindia #sensexcrash #sensexnews #sensex30 (at Vijayawada, India) https://www.instagram.com/p/B18yxzNANt1/?igshid=1v8rwh4pzymqa

[india24x7news-blog]

To make India an 5 Trillion Dollars country, Nirmala Sitharaman  Builds Next generation banks by merging 10 Banks.

Nirmala Sitharaman has said that it is necessary to have next generation banks in the coming five years to make the country an economy of five trillion dollars. Union Finance Minister Nirmala Sitharaman announced merger of 10 state-owned banks in the country. After this Mahavilaya, 12 government banks will survive from the existing 27 public banks. This merger will affect the customers who will have savings account or fixed deposits in these banks. Customers may have to change the checkbook first and then many more changes. New Delhi : - The Finance Minister has announced the merger of 10 banks, after which only 12 state-owned banks will be left in place of the existing 27 banks. This bank of banks will have a big impact on the customers who have savings accounts or fixed deposits in these banks.

To make India an 5 Trillion Dollars country, Nirmala Sitharaman  Builds Next generation banks by merging 10 Banks. India 24x7 News The Finance Minister said in a press conference here on Friday that after the merger the number of state-run banks will be reduced from 27 to 12. Six small state-run banks have already merged with State Bank of India and Vijaya Bank, Dena Bank and Bank of Baroda. Thus, after the merger of SBI and Bank of Baroda, 10 state-run banks have already transformed into two big banks. Nirmala Sitharaman has said that it is necessary to have next generation banks in the coming five years to make the country an economy of five trillion dollars. Let us talk about the effect of these mergers : - 1. Must change checkbook First of all, get ready to change your checkbook, because many banks are going to merge. Although existing checkbooks are valid for some time, they eventually have to be replaced by the check book of the bank the bank merged with. 2. Change in Account Number, Customer ID You can get a new account number and customer ID. Make sure that your email address and mobile number are updated with the bank, so that you can get instant information about any change. All your accounts will be tagged with an ID. For example, if you have an account with Vijaya Bank and another Dena Bank, a customer ID will be allotted for both accounts. 3. Update details with third parties Customers who have been allotted new account numbers or IFSC codes will have to update these details with various third party entities. These include Income Tax Department, Insurance Companies, Mutual Funds and National Pension System (NPS). 4. New ECS, SIP Instructions After the merger, the entity must clear all Electronic Clearing Service (ECS) instructions and post dated checks. Contact your bank, fund house and insurance company and issue new ECS instructions. If needed, you have to fill the ECS related form online or through your branch. For Auto Debit or Systematic Investment Plan (SIP) you may have to fill a new SIP registration and instruction form. The same will have to be done for the EMI of the loan. 5. Local branch may be closed Some branches of the bank may be closed and customers may have to move to a new branch. For example, your existing home branch may be closed when the acquiring bank has its own branch nearby. Keep in mind the new IFSC and MICR codes applicable to your branch as you will need these for fund transfers and other financial transactions. Bank of Baroda, Dena and Vijaya Bank merger approved Finance Minister Nirmala Sitharaman, while talking about new merger in banks, said that the ability to give loans from big banks increases. The merger of Punjab National Bank, Oriental Bank of Commerce and United Bank will make it the second largest bank in the country. The bank, formed by the merger of PNB, Oriental Bank of Commerce and United Bank, will have a turnover of Rs 17.95 lakh crore and will have 11,437 branches. The Finance Minister said that Canara Bank and Syndicate Bank will merge and this will make it the fourth largest public sector bank with a turnover of Rs 15.20 lakh crore.   A new bank consisting of three banks will start next year At the same time, with the merger of Union Bank, Andhra Bank, Corporation Bank, it will become the 5th largest public sector bank in the country. Its total business will be Rs 14.59 lakh crore. On the other hand, merger of Indian Bank and Allahabad Bank will make it the 7th largest public sector bank with a turnover of Rs 8.08 lakh crore. Read the full article

[indianyoutubercharu]

Finance Minister Nirmala Sitharaman aims to create a robust banking system. To achieve this, she announced a slew of mergers. Will the #BankMerger help in reviving the banking sector? #BahiKhateMeinLocha #Gdp #8YrsOfIngeniousMANKATHA #PublicSectorBanks #Merger #India #BJPForIndia #GDPFreeFall https://www.instagram.com/p/B1yw3PPpqbd/?igshid=i5vgosj0i81a

[sammyrealtor-blog1]

Statement Regarding Scheme To Merge With Access Bank If the capital market fails, would you not rather invest in the real estate market? The Board of Diamond Bank Plc (“Diamond Bank”) today announces that following a strategic review leading to a competitive process, the Board has selected Access Bank Plc (“Access Bank”) as the preferred bidder with respect to a potential merger of the two banks (“the merger”) that will create Nigeria and Africa’s largest retail bank by customers. The Board of Diamond Bank believes that the merger is in the best interest of all stakeholders including, employees, customers, depositors and shareholders and has agreed to recommend the offer to Diamond Bank’s shareholders. Completion of the merger is subject to certain shareholder and regulatory approvals. Read more: https://www.diamondbank.com/statement-regarding-scheme-merge-access-bank/ If the capital market fails, would you not rather invest in the real estate market also? Be smart..... For your ibeju lekki property acquisitions or its environs, please contact us now: +234905300278. (Property investment never fails) #bankmerger #acessbank #diamondbank #cbn #buyproperties #lagosstate #housingestates #nigeriansindiaspora #oldmoney #buildwealthviarealestateinvestment #ibejulekki #properties #realestate #aniekaneshiet #yourtrustedrealtor https://www.instagram.com/aniekcan/p/Bvh9n7HAOMF/?utm_source=ig_tumblr_share&igshid=vqqw3wfdvwdy

[freepressjournals]

Learn What S Ravi, Former BSE Chairman says about Bank Merger

When recently 27 public sector banks merged including the Punjab National Bank, nearly every individual was worried about his savings and even fixed deposits with the public sector banks. As per the announcement made by Sethurathnam Ravi, the amalgamation scheme listed the merger of various popular banks like Indian Bank merged with Allahabad Bank, Canara Bank merged with Syndicate Bank, Oriental Bank of Commerce and the United Bank of India merged with Punjab National Bank, and lastly, Andhra Bank and Corporation Bank merged with Union Bank. The announcement of the merger came with a huge impact on the 308732 employees of the banks, 37492 domestic branches, 45448 ATM centers, and Rs. 3179304 crore deposits.

However, the impact of the merger is not only limited to all these. It is much more than the figures and facts that are mentioned in the papers. As per the BSE Chairman, these mergers come with a huge impact on the fixed deposit holders, savings account holders, employees, shareholders, borrowers, and the public. The primary aim of these mergers was to create large banks that are more capable of solving financial issues. Also, the merger was introduced to eradicate any kind of disparity between the small banks and large banks, cost savings from compliances and network overlaps, creating large middle management for selecting eligible candidates for the post of CGM, GMs, and DGMs for HR Department, IT department, and Risk management and much more. Overall, the mergers would improve the efficiency of restructuring and decision-making on high-leading banks.

Today, through this piece of information let’s talk about the impact of bank mergers as discussed by Sethurathnam Ravi with some quick points, making it easy to understand.

Any kind of consolidation or merger makes dread among the partners, investors, and the representatives associated with the banks. The serious short-term issues can be taken out with the possibilities of long-term advantages given the consolidation process is consistently executed, with firm yet fine adjusting of partner interests. Also, Unions of the bank employees from different affiliations should be ensured that their skills are united for the development of the new element.

The advantages of the mergers are just accomplished in the medium term to long term as the more grounded banks require critical time, endeavors, and assets to turn around the more fragile monetary records, execute the guide for adjusting HR and foundation like bank branches, bank products, ATMs, and so forth just as the reconciliation of Information Technology which is one of the greatest tests.

Integration is something that seems to be too difficult when such mergers take place. As per the BSE Chairman, coordinating two organizations on various IT stages into a typical one is harder than setting up another bank as each bank has fostered an interesting framework by drawing in with various sellers, henceforth, making a substance that can flawlessly cover all parts of the financial business will consume most of the day.

Another essential thought is to evaluate the lack or abundance of land and expand on an all-encompassing premise so they can be ideally utilized or arranged so inefficient resources are uncashed. Lastly, the banks with various principles and progressions to be welcomed in the total agreement are not meant for accomplishment.

So, when everything is considered like the assets and liabilities, culture, technology, etc., what do you think are the chances of success of any merger? To this, Sethurathnam Ravi answers that the success of any merger relies on the capability of managing the repercussion while supporting the changes. When the merger is used in the form of an unconnected initiative due to a lack of reinforcements that would weaken the primary aim of the merger that results in inefficiency.

As per the BSE Chairman, the collaboration of the strong bank changes should be completely determined to imbue restored good faith among Public Sector Banks which will rely upon the initiative directing the cycle thinking about the mammoth difficulties of taking care of asset incorporation, data innovation stage reconciliation, administrative compliances, dealing with the requests of the Union, boosting the workers, client maintenance, creating specialty items, rebranding, and repositioning and the progression intending to proceed with the endeavors in the present financial slowdown, challenges in the credit development, and control on Non-performing Assets with the public authority giving the necessary catalyst every once in a while.

Henceforth, it can be concluded that merging the banks is not a small task. It needs massive movement and understanding to make sure that everything is working seamlessly.

[oaktreeforms]

There are many misconceptions about credit unions and bank mergers, but here are the facts🧐

Check out the full story on our blog! https://www.oaktreebiz.com/industry-news/mergers-misconceptions-stats-vs-fake-news

Oak Tree is here for all your form needs! Come check us out and see how we can help your CU! 🤗https://www.oaktreebiz.com/ #creditunion #CUdifference #betterbanking #creditunionpartner #digitalbanking #bankmergers #compliantforms #creditunionsolutions #CUFormsprovider #creditunionvendor #creditunionvsbanks #investmentbanking #banking #OakTreeBiz

[techbuddiesindia]

View this post on Instagram

A post shared by Tech Buddies (@techbuddiesindia)

10 வங்கிகள் இணைத்து இனிமே இந்த 4 வங்கிகள் மட்டும் தான்! #techbuddies #techbuddiesindia #tech #tamil #adadacreators #technews #finance #bankmerger (at Kovilpatti) https://www.instagram.com/p/B-hoT6Gly4q/?igshid=g72bbvw12hpc

[techsuvichar]

LVB Bank - DBS Bank Merger | Depositors & Investors ko kya Dhyan me rakhna hai ? #lVBBANK #LaxmiVilasBank #DBSbankmerger #bankmerger

Laxmi Vilas bank ke upar se moratorium uth gaya hai, 27th November se Laxmi Vilas Bank aur DBS bank ek ho gaye hain, LVB se paisa nikal ne me ab koi restrictions nahi hai aur saare banking services normally function kar rahe hain. Aap sabko pata hai ki Laxmi bank ke upar 17th November ko moratorium lagaya tha RBI yaani reserve bank of India ne. Is moratorium ke baad, kaafo saare sawaal uthe the jaise bank me jin logon ne invest kiya tha, shares khareede the unkepaison ka kya hoga? Idhar Axmi bank ke shares 17 november ke 15.55 Rs/ share ke rate se girkar abhi 7-8 rs per share ke aas paas trade kar raha hai. Lagataar Lower circuit lag raha hai Laxmi bank ke shares ko. Aaj ke video me main aapke, yaani depositors and investors ke saare sawaalon ka jawab dene ki koshish karunga, agar aapke paas koi aur sawaal hai to comment section me likhiye aur channel ko subscribe zaroor kijiye.

https://youtu.be/TPKqbAvavmk

[chaitanyabharatnews]

पंजाब नेशनल बैंक में हुआ यूनाइटेड बैंक और ओरिएंटल बैंक का विलय, जानिए आप पर क्या होगा असर

चैतन्य भारत न्यूज नई दिल्ली. साल 2017 में देश में सार्वजनिक क्षेत्र के कुल 27 बैंक थे, जो अब घटकर 12 रह गए हैं। अब ओरिएंटल बैंक ऑफ कॉमर्स (ओबीसी), यूनाइटेड बैंक ऑफ इंडिया (यूबीआइ), सिंडिकेट बैंक, आंध्रा बैंक, कॉरपोरेशन बैंक और इलाहाबाद बैंक इतिहास का हिस्सा बन गए हैं। मोदी सरकार ने सबसे बड़े विलय का ऐलान करते हुए 30 अगस्त 2019 को इन बैंकों को चार अलग-अलग सरकारी बैंकों में मिलाने की घोषणा की थी। जिसके बाद 1 अप्रैल से बैंकों का विलय लागू हुआ है। बता दें इनमें 6 विलय वाले बैंक और 6 स्वतंत्र बैंक हैं। सार्वजनिक क्षेत्र के बैंक ओरिएंटल बैंक ऑफ कॉमर्स और यूनाइटेड बैंक ऑफ इंडिया का विलय पंजाब नेशनल बैंक में हुआ है। वहीं, सिंडिकेट बैंक का विलय केनरा बैंक में कर दिया गया है। आंध्रा बैंक व कॉरपोरेशन बैंक को यूनियन बैंक ऑफ इंडिया में मिलाया गया है। इसके अलावा इंडियन बैंक का विलय इलाहाबाद बैंक में हो गया है। Punjab National Bank, United Bank of India & Oriental Bank of Commerce have come #TogetherForTheBetter.#Amalgamation #PNB #OBC #UBI pic.twitter.com/lKxv4elLyW — Punjab National Bank (@pnbindia) April 1, 2020 पंजाब नेशनल बैंक (पीएनबी) ने बुधवार को कहा कि, 'यूनाइटेड बैंक ऑफ इंडिया (यूबीआई) और ओरिएंटल बैंक ऑफ कॉमर्स (ओबीसी) की सभी शाखाओं ने उसकी शाखाओं के रूप में काम करना शुरू कर दिया है।' विलय के बाद जो बैंक बना है वह शाखा और कारोबार दोनों के ही लिहाज से भारतीय स्टेट बैंक के बाद देश का दूसरा सबसे बड़ा बैंक बन गया है। विलय के बाद अब पंजाब नेशनल बैंक 11 हजार शाखाओं और 18 लाख करोड़ रुपए की पूंजी के साथ भारतीय स्टेट बैंक के बाद देश का दूसरा सबसे बड़ा बैंक बन गया है। बैंक ऑफ बड़ौदा अब दूसरे से तीसरे स्थान पर आ गया है। 15.20 लाख करोड़ रुपए की पूंजी के साथ केनरा बैंक अब चौथे स्थान पर आ गया है। यूनियन बैंक 14.59 लाख करोड़ रुपए पूंजी के साथ देश का पांचवां सबसे बड़ा बैंक बन गया है। इलाहाबाद व इंडियन बैंक का संयुक्त कारोबार 8.08 लाख करोड़ का होगा और यह देश का सातवां सबसे बड़ा बैंक होगा। इसके साथ ही सरकारी क्षेत्र के बैंकों की संख्या 18 से घट कर 12 रह गई है। विलय के बाद सार्वजनिक सेक्टर में सिर्फ भारतीय स्टेट बैंक, बैंक ऑफ बड़ौदा, पंजाब नेशनल बैंक, केनरा बैंक, यूनियन बैंक, इंडियन बैंक, बैंक ऑफ इंडिया, सेंट्रल बैंक ऑफ इंडिया, इंडियन ओवरसीज बैंक, पंजाब एंड सिंध बैंक, बैंक ऑफ महाराष्ट्र और यूको बैंक ही रह जाएंगे। तकनीकी तौर पर तो विलय बुधवार को हो गया है। लेकिन इसकी जमीनी तौर पर प्रक्रिया के पूरी होने में थोड़ा समय लगेगा। दरअसल पूरे देश में अभी लॉकडाउन चल रहा है, इस वजह से विलय से संबंधित कई काम पूरे नहीं हो सके हैं। ग्राहकों को नई चेक बुक और एटीएम देने का काम भी प्रभावित हुआ है। फिलहाल ग्राहकों की पुरानी चेक बुक और एटीएम पहले की तरह काम करेंगे। Read the full article

[psychichealerkenneth-universe]

Working Psychic Love Spells Sandton Johannesburg South Africa | Call | WhatsApp: +27843769238 https://www.psychic-near-me.com #BankMerger #MegaBankReforms 

[24x7politics]

#ModiGovt #BankMerger के कदम को एक ऐसे जादुई चिराग के रूप में पेश कर रही है जिससे #Economy का संकुचन छू-मंतर हो जाएगा और #GDP की #GrowthRate कुलांचे भरने लगेगी। देश में #PSB के विलय के पिछले अनुभव साफ बताते हैं कि ये सारे दावे भ्रामक हैं। https://t.co/gxlQrTFSYE

— 24x7politics (@24x7Politics) September 13, 2019

[m-n-a-critique]

Are forced bank mergers an emerging risk for investors?

Are forced #bankmergers an emerging risk for investors?

Once is happenstance. Twice is coincidence. Three times is enemy action. The anti-hero Goldfinger’s retort in Ian Fleming’s popular series on a British spy is a fitting description of the recent spate of mergers and acquisitions in India’s banking industry.

What is arguably a route to build a stronger enterprise and reward shareholders is emerging as a tool of desperation and even force. It is no…