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Merger of Nationalised Banks latest news

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Merger of Nationalised Banks

Merger of Banks latest news

Latest Property News Gurgaon

Real Estate News Delhi Ncr

Nowadays the pre leased banks for sale in Gurgaon or Delhi ncr has become risky than Pre leased commercial property. Since, as per the new announcement the 26 banks has been merged to 6 Big Banks only. The latest real estate news Delhi Ncr and Latest property News India is the article which is as follows.

A proposal has been made seeking a merger of small public sector banks, a Reuters report says. The merger will be led by big names like State Bank of India, Punjab National Bank, Canara Bank, Union Bank, Bank of Baroda   and Bank of India. As per the report, the proposal seeks merging Andhra Bank, Bank of Maharashtra, Vijaya Bank with Bank of India. Another merger is likely for Syndicate Bank, Indian Overseas Bank and UCO Bank with Canara Bank. Speaking to CNBC-TV18, BP Sharma, ED of Bank of India said that till now he does not have any information on the above proposal. If merger happens, human resources integration will be the biggest challenge for banks, he said. In computerized system, mergers will now be easier than earlier mergers. A merger for only merger sake will not help banks, he added.

A proposal has been made seeking a merger of small public sector banks, a Reuters report says. The merger will be led by big names like State Bank of India, Punjab National Bank, Canara Bank, Union Bank, Bank of Baroda   and Bank of India. As per the report, the proposal seeks merging Andhra Bank, Bank of Maharashtra, Vijaya Bank with Bank of India. Another merger is likely for Syndicate Bank, Indian Overseas Bank and UCO Bank with Canara Bank. Speaking to CNBC-TV18, BP Sharma, ED of Bank of India said that till now he does not have any information on the above proposal. If merger happens, human resources integration will be the biggest challenge for banks, he said. In computerized system, mergers will now be easier than earlier mergers. A merger for only merger sake will not help banks, he added.

Various options have been discussed,” said a fin-min official, who did not wish to be identified. The official clarified that the discussions are in an exploratory stage, reiterating the stand that any consolidation proposal has to come from the banks and that the government will act only as a facilitator. Earlier this month, ET had reported that the government would prod SBI to kick-start the merger process with associate banks. SBI announced on Tuesday its intent to amalgamate them and Bharatiy.

The above article is as per the influence of articles of CNBC TV-18 and economic Times. Thus, it is not wise-able to buy the rented banks in comparison to rented retail shops or rented commercial office spaces. merger of associate banks with sbi latest news. Merger of Nationalised Banks latest news. Merger of Banks latest news. latest property news India. real estate news Delhi ncr. Merger of banks list.

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