Current Affairs 1st April 2019. The Cabinet approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda. Due to this amalgamation, BoB becomes 2nd Largest PSU Bank in India after State Bank of India (SBI).
All branches of Vijaya Bank and Dena Bank will function as branches of the Bank of Baroda from April 1, 2019. Customers, including depositors of Vijaya Bank and Dena Bank, will be treated as customers of Bank of Baroda with effect from April 1, 2019.
Bank of Baroda now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
This is the 2nd merger of state-run banks in recent years in the banking sector after SBI had merged 5 of its associate banks from April 2017.
Current Affairs 1st April 2019. The Indian Space Research Organization (ISRO) has successfully launched EMISAT defense satellite and 28 other Satellites of International Cus....
Current Affairs 1st April 2019. The Odisha state is celebrating 84th foundation day. The day is also known as ‘Utkal Divas.’
The objective of this day ....
Current Affairs 1st April 2019. Shri Rakesh Malhotra appointed as the next High Commissioner of India to the Republic of Cameroon.
He is expected to take up the as....
Current Affairs 1st April 2019. India has lost to South Korea in the final of Sultan Azlan Shah Hockey tournament at Ipoh in Malaysia.
South Korea lifted the Sulta....
Current Affairs 1st April 2019. Miami Open 2019: Swiss professional tennis play Roger Federer (age 37 years) lifted his 4th ATP Miami Open title.
Federer defeating....
