Mumbai-based Union Bank of India is to be merged with the Bank of India, a marriage that will create India's second largest commercial bank after the State Bank of India. The new entity, to be......
The hike in cash reserve ratio will not put immediate pressure on interest rates, senior bankers said. However, in the medium term it will have an impact as credit has started picking up.The half a......
A major reshuffle of top executives in 11 PSU banks is on the cards with the chairmen of Allahabad Bank, Corporation Bank, Syndicate Bank, Union Bank of India and Vijaya Bank slated to retire......