Page 23 - Public Sector Banks

PSB mergers nearly done, 12 banks almost right for India: Finance Secy

The consolidation will help create strong and globally competitive banks with economies of scale, he said

Bank mergers cast shadow on wage negotiations between IBA and unions

Bank unions - officers and workmen - had buried their differences and sat across the table on August 29 to work out a fresh deal with the IBA involving a 20 per cent wage hike

Bank of Baroda to share its merger experience with 10 public sector banks

While the market is looking at near-term implications of the merger like the pace of lending activity, banks are more concerned with long-term issues

Market tanks despite policy measures; brokerages stay cautious on earnings

Since the presentation of the Budget in July, markets have mostly been a one-way street with the Nifty50 slipping over 8%

Bank merger will slow down loan growth, rivals likely to benefit: Analysts

Futures contracts on India's Nifty 50 Index dropped 1% in Singapore on Monday

From return on assets to employee cost, private banks surpass PSBs

The cost per employee is the highest in large public sector banks

Letters to BS: Merger of banks, capital infusion in PSBs is questionable

Neither the timing nor the manner justifies it

Latest PSB merger could create Rs 5,000 cr business in IT outsourcing

Including consultancy companies, around Rs 5,000 crore of business could be generated

Branch rationalisation to HR challenge: Brokerage view on PSB consolidation

Unlike private banks, most PSBs, analysts say, do not have clear specialisations and end up competing against each other

Big bank theory

The track record of this government has given us enough reason to be sceptical about another experiment with merging PSBs

Free the banks

Mergers are cosmetic without real governance reform

Letter to BS: Long overdue banking sector reforms is the need of the hour

Success of the process of consolidation of state-owned banks depends on the enhanced capability of the RBI to exercise its regulatory oversight and ensure financial stability

Market salary for a few in a public sector bank could be a chimera

The possibility is that high calibre chief risk officers in the PSBs already earn Rs 1 crore to Rs 2 crore, whereas even SBI chairman could be earning less than Rs 30 lakh

Technology underlay FM Nirmala Sitharaman's bank mergers decision

Numbers of officers now more than other workers in PSBs

Delivering on growth a must for NextGen PSBs to attract investors

Analysts cite examples of SBI and BoB to indicate how the mergers could be value-depletive for investors in the near term

Demand in economy has to match credit expansion: Finance Secy Rajiv Kumar

We have budgeted Rs 70,000 crore for this year, says Finance Secretary Rajiv Kumar

How technology integration, regional synergies drove bank merger plan

PNB will take over OBC and UBI to become the country's second-largest lender after SBI in terms of business

NextGen PSBs: Indian Bank-Allahabad Bank merger to boost scale of ops

There will be very little overlap in terms of branches or network, since the geography focus has been different, says Indian Bank's Padmaja Chunduru

Consolidation of public sector banks may boost sentiment in the near term

Lower MTM provisioning already making these lenders attractive

How the mergers will impact your bank accounts, debit cards and EMIs

If you book a new fixed deposit or take a fresh loan, the rate will be decided by the merged entity