Merger of Vijaya Bank and Dena Bank with BoB to...

Merger of Vijaya Bank and Dena Bank with BoB to be effective from April 1

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Merger of Vijaya Bank and Dena Bank with BoB to be effective from April 1

Besides, the board of the bank fixed March 11, 2019, as record date for issuing and allotting equity shares of the Bank of Baroda to the Shareholders of Vijaya Bank and Dena Bank.

https://www.moneycontrol.com/news/business/merg...

Vijaya Bank, Dena Bank merger with BoB to be effective from April 1; here’s the share exchange plan

https://www.businesstoday.in/sectors/banks/vija...

14 Comments  |  
7 Dimers
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Deal Subedar
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Soja beta nai to Anil Ambani aajayega paise mangne toungueout
Hahahaha/…

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mrKool_JJ wrote:

Soja beta nai to Anil Ambani aajayega paise mangne toungueout
Hahahaha/…

laughing joy
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mrKool_JJ wrote:

Soja beta nai to Anil Ambani aajayega paise mangne toungueout
Hahahaha/…

uske paas to hai na 30000 Cr rolleyes

46518697 2469454063095338 7352322572903514112 o
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desiman wrote:

uske paas to hai na 30000 Cr rolleyes

He having atleast 1,00,000 crs debt…

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mrKool_JJ wrote:

He having atleast 1,00,000 crs debt…

but 30000 cr ka kiya hua reliance defence deal wala

rolleyes
46518697 2469454063095338 7352322572903514112 o
Deal Subedar
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desiman wrote:

but 30000 cr ka kiya hua reliance defence deal wala

rolleyes

I said atleast…
The figure should be higher than that..

Taxx
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It is going to be a mess initially.
I have accounts in both the banks.
Just to play safe, iam shifting FD’s in both the banks to elesewhere before 31st march & keep the sb accounts with minimum balance till the dust settles.

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Thanks for the info @desidude2013 +18kg looks like it’s time to shift the funds to somewhere else..

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What name they give to new bank?
NMDFC?

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but why to shift funds elsewhere – i suppose those who have accts in both BOB and dena bank then they will just transfer the SB balance to BOB account and close the Dena SB similarly the FD should also be same way transfered…

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cm-punk wrote:

Thanks for the info @desidude2013 +18kg looks like it’s time to shift the funds to somewhere else..

why bro will they not just merge the BOB and dena accounts

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posiedon wrote:

It is going to be a mess initially.
I have accounts in both the banks.
Just to play safe, iam shifting FD’s in both the banks to elesewhere before 31st march & keep the sb accounts with minimum balance till the dust settles.

i wonder what would happen to the netbanking credentials and debit cards..?will they still continue to work on the respective bank’s websites?

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schumacher wrote:

i wonder what would happen to the netbanking credentials and debit cards..?will they still continue to work on the respective bank’s websites?

had been to one of the BOB branch mumbai they said only from 1st april 2019 they would come to know of the process. they also mentioned initially for one year it will be same but still more clarity only from 1st april 2019

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Dena Bank sending sms to submit new form 15G/H at the branches from 1st april 2019

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