The Reserve Bank of India has approved the merger of Centurion Bank and Bank of Punjab to be effective from October 2005. The share swap ratio is set at 9:4 or nine shares of Centurion Bank of face......
Centurion Bank will introduce target variable incentive for Bank of Punjab employees following the proposed merger of the banks to form Centurion Bank of Punjab.In view of the strong brand name of......
Mergers and acquisitions seem to be gaining currency among private sector banks. After the commencement of due diligence by a clutch of private equity funds, including Sabre Capital Worldwide (a......
The board of HDFC Bank on Monday approved issuance of one equity share for every 29 held in Centurion Bank of Punjab for merger of the two financial institutions. The board has approved the share......
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory......
IMAGE: Harbhajan Singh with Sachin Tendulkar during the IPL 2023 match between Mumbai Indians and Punjab Kings on Saturday. Photograph: BCCI There are no perfect cricketers, but if there is......