Summary:
State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), besides Bharatiya Mahila Bank (BMB), merged with SBI. Nagpur: Employees of Regional Office of Vijaya Bank on Tuesday staged protest against Central Government’s move to amalgamate Vijaya Bank, Bank of Baroda (BoB) and Dena Bank to create the country’s third-largest bank. The Vijaya Bank employees said they will oppose the proposed amalgamation between Bank of Baroda, Dena Bank and Vijaya Bank, claiming the move is anti-people and will not help solve the bad loan problem facing the banking system. It may be recalled that five associates and the Bharatiya Mahila Bank were merged with State Bank of India. He said bank lending was becoming weak and hurting corporate investments..