Dena Bank, Vijaya Bank and Bank of Baroda to merge

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GOOD DECISION BY GOVT AS DENA BANK IS SUFFERING FROM HIGH AMOUNT OF NPA AS DISCLOSED BY EX RBI GOVERNER RAGHURAM RAJAN THAT TODAY'S CONDITION OF NPA IS BECAUSE OF WRONG POLICIES OF CONGESS FROM 2008 TO 2012 THEY HAVE TO MERGE THEM OTHERWISE IT WILL BE DIFFICULT TO SURVIVE BUT IT WILL ALSO EFFECT FUTURE JOBS IN THESE BANKS.
Correct bro....many banks are suffering...
 
One is ease in the merger process as the corporate offices are in one state.
Upon merger this can become a major bank in the South and expand operations in North.
That does not make sense at all. Bank branch are for helping people not for merge and stay only in south.
 
That does not make sense at all. Bank branch are for helping people not for merge and stay only in south.

I didn't say about staying in south.
Establish a big bank in South and expand nation wide.
 
I didn't say about staying in south.
Establish a big bank in South and expand nation wide.
So what will happen then? They are already expended!!! Is it help in finance, people, etc???
 
So what will happen then? They are already expended!!! Is it help in finance, people, etc???
It will help harness deposits from South under one umbrella (other can been Indian bank+IOB+Andhra Bank) and branches in North can make the connect for transactions between North and South customers, helping trade; as an alternative to SBI.
South lost two of their major banks in SBM and SBT when they merged with SBI.
 
Vijaya bank is a good bank. Dena bank a sick bank. BOB also got too much npa but is big in size.
So +ve of vijay will merge with -ve of Dena and both would disappear in BOB sh#t.
One big goliath BOB which would be too big to fail.
 
Vijaya bank is a good bank. Dena bank a sick bank. BOB also got too much npa but is big in size.
So +ve of vijay will merge with -ve of Dena and both would disappear in BOB sh#t.
One big goliath BOB which would be too big to fail.
No bro ..merger is not the solution of NPA ...
Around 75 % of Npa only 20 corporates .Govt try to strict the laws to corrective the Npa 's .Merger helps private and foreign banks.Public banks service oriented not Profit oriented.After Foreign Investment started....foreign banks earn profits.no HDFC AXIS And ICICI no rural Branches
 
But where i justified it's correct thing to do? Just giving my opinion why they did it.
To hide npa without making a complete bank co fail. Not because they care but because it would come up big in news.
 
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