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Bank Merger Triggers Fear of Job Loss, Many Customers Mull Shifting Accounts

Hours after Finance Minister Arun Jaitley announced the merger of three state-owned banks on Monday, Dena Bank employee Vinay Prakash…

What are the Most Sought After Startups in India According to LinkedIn

Mumbai: Five-year-old hospitality start-up OYO, health and wellness firm Cure.Fit, and on-demand delivery service dunzo.in are among the top 25…

Sebi Approves New KYC Norms for Foreign Portfolio Investors, Revised Settlement Mechanism

The watchdog has approved a proposal to allow foreign investors to trade in commodity derivatives market, except for sensitive commodities,…

As Market Continues to Tumble, Investors Lose Rs 2.72 Lakh Crore in Two Days

Flaring up of trade tariff tensions between the US and China and weakness in the rupee have also added to…

ICICI Bank Seeks Settlement Through Consent on Chanda Kochhar Issue, Says Sebi Chief

Chanda Kochhar and her family members are facing allegations of quid pro quo and conflict of interest with respect to…

New Entity Post Banks’ Merger to be Operational From April 1

On Monday, ‘Alternative Mechanism’ (AM) headed by Finance Minister decided to merge Bank of Baroda, Vijaya Bank and Dena Bank…

Rupee Sinks to a Fresh Life Time Low At 72.97 Per Dollar

Analysts believe that a combination of surge in crude prices and trade war tensions weighed on the rupee. Photo used…

Merger of Bank of Baroda, Vijaya and Dena Bank to Improve Efficiency, Governance: Moody’s

The government on Monday proposed the merger of the three state-owned banks to create the country’s third largest lender as…

Infosys Loses Arbitration, Ordered to Pay Ex-CFO Rajiv Bansal Rs 12.17 Crore Plus Interest as Severance

Infosys had agreed to pay former CFO Rajiv Bansal a severance amount of Rs 17.38 crore or 24 months of…

Dena Bank Surges 20%; Bank of Baroda Tumbles 14% Post Merger Announcement

The government Monday said state-owned Bank of Baroda, Vijaya Bank and Dena Bank will be merged to create the country’s…

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