Meet to decide title for merged PSBs to be uneasy
Meet to decide title for merged PSBs slated for Oct 12 may see uneasy moments with atleast two, of the three, bank heads insisting that the new name carries their bank’s name. BoB, sources said, may put forth its claim saying that it has highest business share among the three and likewise. Of
Meet to decide title for merged PSBs slated for Oct 12 may see uneasy moments with atleast two, of the three, bank heads insisting that the new name carries their bank’s name. BoB, sources said, may put forth its claim saying that it has highest business share among the three and likewise. Of the three banks, Dena Bank has the highest non-performing asset (NPA) ratio of 11.04% and lowest business of merely Rs 1.72 lakh crore. While other two banks — BoB and Vijaya — have low NPAs and higher businesses. BoB has 5.4% NPA and Rs 10.2 lakh crore worth business and Vijaya Bank has 4.10% NPA and Rs 2 lakh crore worth business.
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