Merger of Vijaya Bank and Dena Bank
In April 2019, the Government of India announced the amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.
- Vijaya Bank and Dena Bank were merged.
- Bank of Baroda was the acquiring bank.
This consolidation aimed to create a stronger banking entity with enhanced operational efficiency and a larger customer base.
Therefore, Vijaya Bank and Dena Bank were merged with Bank of Baroda.
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