Dena Bank, Vijaya Bank become part of Bank Of Baroda

Federal cabinet on Wednesday approved their merger with Bank of Baroda late on Wednesday, in an attempt to clean up the country's banking system.

Dena Bank, Vijaya Bank slump after Bank of Baroda announces swap ratios for merger

India had announced the merger plan last year amid growing concerns over rising bad loans in the banking sector.

Cabinet approves merger of state-run Vijaya bank, Dena bank and Bank of Baroda

Banking operations will be affected Wednesday as close to 10 lakh employees of various public sector and some of the private and foreign banks are on a day-long strike to protest the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Bank workers observe second nation-wide strike within week

All India Bank Officers Confederation (AIBOC) will stage a protest today against the merger of Bank of Baroda, Vijaya Bank, and Dena Bank, and put forth a demand for immediate wage revision as per charter of demands.

PSU bank officers to stage strike today

The actions could include stricter norms for lending, branch expansion, management change and asset reduction.

RBI puts Bank of India under watch as bad loans surge; shares tumble

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