Saturday, Feb 04, 2023

Merger Of Banks

PM Modi Exhorts Banks To Support Wealth, Job Creators

Nov 18, 2021 Outlook Web Desk

Prime Minister Narendra Modi on Thursday exhorted banks to support wealth and job creators, and work proactively to improve the country's balance sheet.

Bank Strike Today And Tomorrow: A Look At How Services Are Likely To Be Impacted

Mar 14, 2021 Outlook Web Bureau

Many regular services would be mostly affected due to the strike, however ATMs will continue to work normally

Public Sector Banks To Raise Rs 25,000 Crore In Next 3 Months:

RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise amidst Covid crisis

Bank Operations Likely To Be Hit By Unions' Strike On Thursday

Nov 25, 2020 PTI

Ten central trade unions will observe the nationwide general strike to protest against various policies of the central government.

Govt Approves Merger Of Lakshmi Vilas Bank With DBIL

Lakshmi Vilas Bank merger with DBS India has been cleared by the cabinet.

20 November, 2020

Lakshmi Vilas Bank Shares Slump Further, Hit 52-Week Low Value


The shares plunged 9.55 per cent to hit lower circuit limit of Rs 9.

19 November, 2020

RBI's Swift Resolution Of Lakshmi Vilas Bank To Maintain Sector Stability: S&P Global Ratings


S&P said this deal is positive for India's banking sector

18 November, 2020

Lakshmi Vilas Bank Shares Tank 20 Per Cent After Getting Placed Under Moratorium


The central bank has also placed in public domain a draft scheme of amalgamation of Lakshmi Vilas Bank with DBS Bank.

12 September, 2019

'Acknowledge The Crisis': Manmohan Singh's 6-Point Guide For Modi Govt To Revive Economy

Outlook Web Bureau

Manmohan Singh predicted that it will take India a few years to get out of this slowdown, "provided the government acts sensibly now".

06 September, 2019

Mamata Banerjee Writes To PM Narendra Modi, Protests Against Bank Merger

Outlook Web Bureau

Expressing concern, West Bengal Chief Minister Mamata Banerjee said the merger and the threat of shifting of the banks' headquarters will affect the developmental momentum of the state.

01 September, 2019

Bank Employees Stage Protest Against Centre's PSB Merger Announcement


The BJP government at the Centre had on Friday unveiled a mega plan to merge 10 public sector banks into four, to create fewer and stronger global-sized bankers as it looks to revive economic growth.


30 August, 2019

Finance Minister Nirmala Sitharaman Announces Merger Of Several Public Sector Banks


These announcements were made by Finance Minister Nirmala Sitharaman and the objective of the mergers, she said is to make them global sized banks.

Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

Outlook Latest Issue

Subscribe Now
Short Story

‘Laab’ In The Mountains

He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.

Graphic Novel

Play Us A Memory, Violin Man

They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.

Chinki Sinha
Play Us A Memory, Violin Man


It’s Just Numbers, Love

Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.

Rukmini S.
It’s Just Numbers, Love


The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz