https://www.taxtmi.com/news?id=22648 The objective of amalgamation of public sector banks is to consolidate PSBs to create stronger banks achieving economies of scale and wider customer offerings. The amalgamation of Vijaya Bank and Dena Bank into Bank of Baroda on 1.4.2019 led to a net increase in branches and rural branches. Post amalgamation, Bank of Baroda reports an increased rural footprint with higher priority sector lending, larger cumulative Kisan Credit Card balances, increased agriculture loan disbursements, and expanded overdraft access to Jan Dhan accounts, reflecting enhanced rural credit outreach. en-us Mon, 16 Mar 2020 17:16:41 +0530 Mon, 16 Mar 2020 17:16:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22648 The objective of amalgamation of public sector banks is to consolidate PSBs to create stronger banks achieving economies of scale and wider customer offerings. The amalgamation of Vijaya Bank and Dena Bank into Bank of Baroda on 1.4.2019 led to a net increase in branches and rural branches. Post amalgamation, Bank of Baroda reports an increased rural footprint with higher priority sector lending, larger cumulative Kisan Credit Card balances, increased agriculture loan disbursements, and expanded overdraft access to Jan Dhan accounts, reflecting enhanced rural credit outreach. News - Mon, 16 Mar 2020 17:16:41 +0530 https://www.taxtmi.com/news?id=22648