Bank mergers Flashcards
1
Q
Which is the recent bank mergers?
A
Dena+Bank of Baroda+Vijaya Bank
2
Q
Is it technical merger?
A
Precisely its Amalgation were 2 or more entites merge and emergre as new entity.
In normal mergers one larger bank subsumes smaller banks.
3
Q
which other banks were merged in recent past
A
SBI with its 5 subsidies like SB of Maysore SB of Hyd etc
4
Q
which recomendation did they followed
A
Narsimhan commite recommendation was followed as they merged the banks.
P J Nayak committe also suggested for the privatization of PSB
