https://www.taxtmi.com/news?id=20526 Government initiates Bank amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank to form an enlarged public sector banking entity, leveraging combined networks and subsidiaries to broaden products, improve customer access and realise operational and cost synergies. Cited strengths include elevated provision coverage, improving gross NPA trends and a relatively lower net NPA ratio, a favourable cost to income profile, MSME sector capability, and a capital position above regulatory minimums to facilitate future capital mobilisation. en-us Tue, 18 Sep 2018 10:12:10 +0530 Tue, 18 Sep 2018 10:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20526 Government initiates Bank amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank to form an enlarged public sector banking entity, leveraging combined networks and subsidiaries to broaden products, improve customer access and realise operational and cost synergies. Cited strengths include elevated provision coverage, improving gross NPA trends and a relatively lower net NPA ratio, a favourable cost to income profile, MSME sector capability, and a capital position above regulatory minimums to facilitate future capital mobilisation. News - Tue, 18 Sep 2018 10:12:10 +0530 https://www.taxtmi.com/news?id=20526