Baroda Kisan

Public sector Bank, Bank of Baroda has made an announcement about developing an agri-digital platform called ‘Baroda Kisan’ to provide solutions for all major agricultural requirements. About the Project The project aims to provide a holistic approach towards solving agricultural ..

Month: Current Affairs - March, 2019

EASE Index Report

The BCG-IBA report EASE Reforms for Public Sector Banks measures the performance of each PSB on 140 objective metrics across 6 themes. The 6 themes are: Customer Responsiveness: EASE for customer comfort Responsible Banking: Financial stability, governance for ensuring outcomes, ..

Month: Current Affairs - March, 2019

Union cabinet approves merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB)

On 2nd January 2019, the Union Cabinet approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB). With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank. The ..

New Big Bank likely to emerge next year

It is expected the contours for the amalgamation of Bank of Baroda (BoB), Vijaya Bank and Dena Bank would be finalised soon and it would be placed before the parliament for approval in the ongoing winter session. The decision of amalgamation was taken by the ..

Month: Current Affairs - December, 2018

Government announces merger of Bank of Baroda, Dena Bank and Vijaya Bank

Union Finance Ministry announced proposal for amalgamation of three public sector banks- Bank of Baroda, Dena Bank and Vijaya Bank. The combined entity after consolidation will create India’s third largest bank. Post this merger, number of PSU banks will come ..

Month: Current Affairs - September, 2018

The Government of India proposes to merge BoB, Dena Bank and Vijaya Bank

The Government of India (GoI) has proposed to merge state-owned Vijaya Bank, Dena Bank and Bank of Baroda (BoB) to create India’s third largest lender as parts of reforms in the public sector banking segment. The decision was taken at ..