Bank of Baroda to consider amalgamation with Vijaya Bank, Dena Bank

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

18 Sep 2018 Evaluate

Bank of Baroda’s board will be considering amalgamation with Vijaya Bank and Dena Bank. The bank has received a communication from Ministry of Finance, Government of India (GOI) that the Alternative Mechanism (AM) after consultation with Reserve Bank of India (RBI), has decided that Bank of Baroda, Vijaya Bank and Dena Bank may consider amalgamation of the three Banks.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Peers

Company Name	CMP
State Bank Of India	997.00
PNB	116.65
Bank Of Baroda	237.80
Canara Bank	123.90
Union Bank Of India	178.00
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