Dena Bank and Vijaya Bank Merger
Dena Bank and Vijaya Bank officially merged with Bank of Baroda.
This significant banking merger was part of the Indian government's consolidation plan for public sector banks.
Merger Details
- Banks Merged: Dena Bank and Vijaya Bank
- Resulting Bank: Bank of Baroda
- Effective Date: April 1, 2019
The merger aimed to create a stronger, larger banking entity with enhanced operational efficiency and wider reach.
Similar Questions
- The Indian Parliament had passed the State Banks (Repeal and Amendment) Bill, 2017 to merge _____ subsidiary banks with the State Bank of India.
- Vijaya Bank and Dena Bank are merged with which of the following banks?
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- An asset that the borrower owns and uses this as a guarantee to a lender until the loan is repaid is called:
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- Which of the following bank launched ‘YONO Cash Point’, a cardless ATM service?
- How many banks were nationalised by the Union Government of India in the year 1980?
- What was the theme of The Financial Literacy Week 2019?
- Which bank recently (in April 2019) became the $3^{\text{rd}}$ largest bank of India after the merger with two other banks?
- Which bank was formed after the merger of The Bank of Madras, Bank of Calcutta and Bank of Bombay?
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