Vijaya Bank Current Affairs, GK & News

MD & CEO of BOI, Canara, and BOB Appointed

As per an order issued on Monday, 20th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State Bank of India has been appointed as the Managing Director and Chief Executive Officer of the country’s third-largest lender and public sector bank, Bank of Baroda (BOB). ..

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Branches of Vijaya, Dena Bank to operate as outlets of Bank of Baroda

The Reserve Bank of India (RBI) has stated that all branches of public sector lenders Vijaya Bank and Dena Bank will function as branches of Bank of Baroda (BoB) from April 1, 2019, and the proposed merger Bank of Baroda with Dena and Vijaya Bank will be affected from April 1. Plan of Merger As ..

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Finance Ministry to infuse Rs. 5042 crore into Bank of Baroda

The government will infuse around Rs. 5000 crore into Bank of Baroda, which will be merged with two other public sector banks Dena Bank and Vijaya Bank. This merger would be effective from 1st April and is further aiming to create the third-largest lender after State Bank of India and ICICI Bank. The Ministry of ..

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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 move will help create a strong globally competitive bank with economies of scale and enable ..

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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 Alternative Mechanism’ (AM) headed by Finance Minister Arun Jaitley, which included Railways Minister Piyush Goyal ..

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