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Govt unveils big-bang plan to merge state-run banks

Finance

30 August, 2019

Govt unveils big-bang plan to merge state-run banks

The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......

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Indian Bank, Union Bank hire bankers to raise money from capital markets

Finance

14 September, 2017

Indian Bank, Union Bank hire bankers to raise money from capital markets

Listed public sector lenders Indian Bank and Union Bank of India Ltd have initiated the process of raising money from ......

Government to inject $3.4 bn into state-run banks

General

19 July, 2016

Government to inject $3.4 bn into state-run banks

The government said on Tuesday it is infusing Rs 22,915 crore ($3.4 billion) in 13 state-run banks in the current ......