Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Govt weighs merging Union Bank-BoI to create new No. 2 bank
Mint Kolkata
|October 29, 2025
ministry of finance didn't respond to queries emailed on 21 October.
-
The discussions are part of a decades-long process of banking reforms in India that were set rolling in 1991. The latest milestone in the chronology of such reforms was the amalgamation of associate banks into SBI in 2017, when it was signalled that the mega-merger would be followed by more such deals.
"Contrary to perceptions that the [earlier] plan had been shelved, the finance ministry is working on a fresh blueprint on bank consolidation. The aim is to strengthen public sector banks through scale and efficiency, not just size. So, parameters such as optimisation of operations and synergies are being stressed in any consolidation exercise," the second person said.
A third person confirmed the discussions and the names of the banks specifically being considered for mergers and those for privatization.
Diese Geschichte stammt aus der October 29, 2025-Ausgabe von Mint Kolkata.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Kolkata
Mint Kolkata
Drugmakers face bans for fake claims as govt set to tweak rules
India plans to enforce strict action against applicants who submit fake or misleading documents to obtain drug licences—a move that could reshape compliance norms in the country’s $50 billion pharmaceutical industry.
1 mins
October 30, 2025
Mint Kolkata
Goswami's lenders opt out of early pay on bond
Large creditors of Goswami Infratech Pvt., India’s second biggest high-yield corporate rupee bond, do not plan to exercise an early redemption option at the end of December, according to people familiar with the matter.
1 min
October 30, 2025
Mint Kolkata
Unlisted subsidiaries set to breathe easy on disclosures
ICAI considering new standard with lower disclosure requirements which saves time, costs
2 mins
October 30, 2025
Mint Kolkata
RBI looks to speed up repatriation of gold held abroad
RBI's move will enhance control on India's bullion assets.
1 mins
October 30, 2025
Mint Kolkata
Carney tackles Trump tariff feud by mending ties with Asia
US President Donald Trump's latest tariff salvo against Canada landed just as Mark Carney was setting out on a mission to insulate his country from the fallout of the trade war.
1 min
October 30, 2025
Mint Kolkata
Vi AGR relief applies only to the troubled telco: SC order
In its petition, Vi had challenged DoT’s fresh demand of ₹9,450 cr for the years up to 2018-19
2 mins
October 30, 2025
Mint Kolkata
BlueStone IPO gets demi-fine jewellery a place in spotlight
A new sparkle BlueStone's blockbuster IPO has boosted investor interest in fashion jewellery startups.
2 mins
October 30, 2025
Mint Kolkata
Rupee rises to 88.21 against US dollar
The rupee appreciated eight paise to close at 88.21 (provisional) against the US dollar on Wednesday, on strong domestic markets and optimism over the trade deal between India and the US.
1 min
October 30, 2025
Mint Kolkata
Cognizant weighs India IPO, raises guidance
More than three decades after it was founded, Cognizant Technology Solutions Corp. is weighing a debut on Indian stock exchanges, which would make it India's second-largest listed IT services company, right behind Tata Consultancy Services (TCS).
1 min
October 30, 2025
Mint Kolkata
Advent exits Aditya Birla Cap, nets 2.5x
US private equity firm Advent International Corp. on Wednesday sold its entire 2% stake in Aditya Birla Capital Ltd (ABCL) via a block deal, raising about ₹1,638-1,640 crore.
1 mins
October 30, 2025
Listen
Translate
Change font size