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

Bank workers observe second nation-wide strike within week

PSU bank officers to stage strike today

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

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

Bank workers observe second nation-wide strike within week

PSU bank officers to stage strike today