Breaking Govt Considering Merger Of Bank Of Baroda, IDBI Bank, Oriental Bank, Central Bank

[rahul1117kumar]

Enthused by the success of SBI merger, the government is reportedly mulling another mega bank merger. As per a report, the government is planning to merge Bank of Baroda, IDBI Bank, Oriental Bank and Central Bank of India. These four banks had reported a combined loss of Rs 21,646.38 crore in the year ended 31 March.

Bank Merger: Govt planning another SBI-like mega bank merger: Report - The Economic Times