Vijaya Bank officials foils robbery bid in Raver village, shot dead

Two armed robbers shot dead the assistant branch manager of Vijaya Bank at Nimbol village in Raver taluka of Jalgaon district, around 310km from here, on Tuesday afternoon. The incident was a near re-run of the shooting that left an IT engineer dead...

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BoB-Dena Bank-Vijaya Bank merger takes effect from 1st April : Here's what will change for customers of these banks

Two major state-run banks will stop operations from April 1. These two banks are Dena Bank and Vijaya Bank, and they will be merged with Bank of Baroda. Bank of Baroda will acquire Vijaya Bank and Dena Bank to create India’s second largest public sector...

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Bank of Baroda’s ‘one-sided’ contract riles Dena Bank, Vijaya Bank staff

With the merger of Dena Bank and Vijaya Bank with Bank of Baroda (BoB) coming into effect from April 1, the BoB management is reportedly forcing staff of the other two banks to sign an allegedly “one-sided” and “discriminatory” contract before March 16....

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Vijaya Bank Q3 net profit surges 80%

State-owned Vijaya Bank on Wednesday reported a 80.2 per cent jump in its net profit to Rs 143.38 crore for the December 2018 quarter. The public sector lender had posted a net profit of Rs 79.56 crore in the corresponding quarter of the previous...

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Merger Of Dena Bank and Vijaya Bank With Bank of Baroda Challenged In Court

The proposed amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank has seen a legal challenge with the Delhi High Court agreeing to hear a petition challenging the move, days after it was approved by the union cabinet. The petition filed by...

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What will happen to Employees, Bank Branches after merger of BoB,Dena and Vijaya Bank

The announcement of the merger of Bank of Baroda, Vijaya Bank, and Dena Bank has sent the fear of job loss to all the employees of the three banks. The shareholders were also confused. Recently, the banks have finalised their share-swap ratio. However, the...

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No one will lose job after Bank of Baroda merger: Arun Jaitley

Finance minister Arun Jaitley on Friday said in Lok Sabha that there would be no loss of jobs due to merger of public sector banks. Earlier this week, the Cabinet approved merger of Vijaya Bank and Dena Bank with Bank of Baroda. Jaitley said that there...

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Cabinet approves amalgamation of Dena Bank, Vijaya Bank with BoB

The Union Cabinet on Wednesday approved the first-ever three-way merger in the history of Indian banking with the amalgamation of state-owned Vijaya Bank, Dena Bank and Bank of Baroda (BoB).  "There will be no impact on the service conditions of...

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The challenges behind BoB, Vijaya Bank & Dena Bank merger

When an experiment begins, the scientist hardly knows what the outcome will be. In a moment of adventure or necessity, the government put three men — PS Jayakumar, RA Sankara Narayanan and Karnam Sekar — in a boat and set them on sail into uncharted territory.  These...

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BoB, Dena, Vijaya to decide on organizational structure of merger in next week

Chief executives of Bank of Baroda, Vijaya Bank and Dena Bank will meet next week to discuss a plan to increase the number of organizational layers in the entity resulting from their merger, said a senior banker aware of the talks. This, he said,...

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Vijaya Bank Q2 profit falls 24%

State-owned Vijaya Bank Monday reported 24.54 per cent fall in net profit at Rs 139.94 crore for the quarter ended September 30, 2018. The bank had registered a net profit of Rs 185.46 crore in the corresponding quarter last year. Net interest...

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BoB-Dena-Vijaya Merged Bank to get growth capital

The government will provide an additional capital cushion to the proposed merged bank to be formed by amalgamation of Bank of Baroda, Dena Bank and Vijaya Bank to start the new bank on a stronger footing, a senior government official told ET.  “We...

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BoB, Vijaya Bank, Dena Bank set up panels to merge operations

Bank of Baroda (BoB), Dena Bank and Vijaya Bank have decided to set up internal committees, which will help integrate their functions before the merger happens, said a person familiar with the development. In a meeting on Wednesday, the bankers also decided...

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Govt announced merger of Bank of Baroda with two banks to form India's 3rd Largest Bank

The government has announced that Bank Of Baroda, Vijaya Bank and Dena Bank will be merged into a single bank which will become India's third largest bank. Rajeev Kumar, Secretary Department of Financial Services, said in a press conference today that...

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Vijaya Bank Recruitment for Assistant Manager Posts 2018

Vijaya Bank has published Advertisement for below mentioned Posts 2018. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below. Posts: Probationary Assistant Manager...

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