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At the time of the proposal to merge, the gross NPA ratios of Bank of Baroda, Vijaya Bank and Dena Bank were 12.4%, 6.9% and 22% respectively, [11] and Dena Bank was the weakest among the three in terms of its total business size. [9] The Union Cabinet and the boards of the banks approved the merger on 2 January 2019.
Under the terms of the merger, Dena Bank and Vijaya Bank shareholders received 110 and 402 equity shares of the Bank of Baroda, respectively, of face value ₹ 2 for every 1,000 shares they held. The merger came into effect on 1 April 2019. [15] Post-merger, the Bank of Baroda is the third largest bank in India, after State Bank of India and ...
The Indian Banks' Association (IBA), formed on (26 September 1946), is an unregistered, voluntary association of like-minded banks and individuals in India [1] —a representative body of Indian banks and financial institutions based in Mumbai. [2] With an initial membership of 22 banks in India in 1946, IBA currently represents 247 banking ...
DCB Bank Limited is a private sector scheduled commercial bank in India. [2][3] It is amongst the new generation banks that received the scheduled commercial bank license from the bank regulator, Reserve Bank of India. DCB Bank received the licence on 31 May 1995. [4] A professional management team guided by the Board of Directors runs the Bank.
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13.90% (2018) [1] Vijaya Bank[2][3][4] was a PSU bank which was merged with Bank of Baroda on 1 April 2019 with its head office in Bangalore, Karnataka, India. It was one of the nationalised banks in India. The bank offered a wide range of financial products and services to customers through its various delivery channels.
DeNA Co., Ltd. (Japanese: 株式会社ディー・エヌ・エー, Hepburn: Kabushikigaisha Dī-Enu-Ē, pronounced "DNA") is a Japanese provider of mobile portal and e-commerce websites headquartered in Shibuya, Tokyo. It owns the Mobage platform, [3] which is one of the most popular cell phone platforms in Japan.
Khandelwal started his career as a probationary officer in Bank of Baroda in 1971. From 1980 to 1992 he worked as senior core faculty (HR) in Banks Apex Staff College at Ahmedabad. In 1993 he was appointed principal of the college, and after a short tenure he moved to banks corporate office, Mumbai.