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bank merger
September 23, 2019
Snippets from the World of National Financial Institutions – September, 2019
Rs. 1.76 lac crore from RBI’s reserve fund transferred to Central Government RBI central board accepted the recommendations of the Jalan Committee – formed last year to review the economic capital framework for RBI’s reserved funds – to transfer Rs. 1.76 lac crore to the central government. The comm...
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May 16, 2019
Merger of Banks: Harmful, Ill-timed and Avoidable
Public Statement | New Delhi, September 18, 2018 The Merger of Banks: Harmful, Ill-timed and Avoidable The decision of the government to merge Bank of Baroda, Dena Bank and Vijaya Bank yesterday (September 17, 2018) is harmful to public sector banks (PSBs) and is a precursor for privatising the PSBs...
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CFA

Centre for
Financial Accountability