by Team Small News | Dec 28, 2025 | Bank of Baroda, Bank of Maharashtra, IDBI Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, State Bank of India, UCO Bank
The Government of India is preparing for the next round of consolidation of public sector banks (PSU banks) with the goal of creating large, globally competitive lenders. The aim is to support India’s long-term economic ambitions and achieve the vision of a...
by Team Small News | Dec 15, 2025 | Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab National Bank, State Bank of India, UCO Bank
The Indian government is expected to make significant announcements regarding the merger of Public Sector Banks (PSBs) in the upcoming budget. The merger of banks such as Indian Overseas Bank (IOB), UCO Bank, Bank of India (BOI), Bank of Maharashtra (BOM), and Central...
by Team Small News | Dec 4, 2025 | Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab and Sind Bank, Punjab National Bank, State Bank of India, UCO Bank
The Indian government is planning to initiate the next phase of public sector bank (PSB) mergers, with several banks on the radar, including Indian Overseas Bank (IOB), UCO Bank, Bank of India (BOI), Bank of Maharashtra (BOM), and Central Bank of India. The merger of...
by Team Small News | Nov 21, 2025 | Bank of Baroda, Bank of Maharashtra, Indian Overseas Bank, Punjab National Bank, State Bank of India, UCO Bank
The Indian government’s plan to merge public sector banks (PSBs) has been a topic of discussion in recent years. The goal is to create larger, more efficient banks that can compete with private sector banks. The recent merger of 10 PSBs into four larger banks...
by Team Small News | Nov 8, 2025 | Bank of Maharashtra, Central Bank of India, Indian Overseas Bank, Punjab and Sind Bank, UCO Bank
The Indian government is gearing up to accelerate its fund-raising plans for public sector banks (PSBs) through a series of investor roadshows, starting next week. The Department of Investment and Public Asset Management (DIPAM) will lead the effort, with its...
by Team Small News | Oct 18, 2025 | Central Bank of India, UCO Bank
Three public sector lenders in India, Uco Bank, Central Bank of India, and Bank of India, have reported significant gains in their net profit after tax for the September quarter. Uco Bank’s net profit increased by 2.8% to ₹620 crore, while Bank of India’s...