BoR, ICICI merger deal gets shareholders' nod

Amid high drama, Bank of Rajasthan shareholders today voted on a merger deal with ICICI Bank, which got a stay vacated on BoR's extraordinary general meeting. The meeting to approve the merger of......

BoR staff alarmed at merger with ICICI

The employees of Bank of Rajasthan on Wednesday launched an agitation to protest against its proposed merger with ICICI Bank, the country's largest private sector bank. On Tuesday, ICICI Bank......

BoR becomes part of ICICI, integration starts

Udaipur-based Bank of Rajasthan on Friday became part of the country's largest private sector lender ICICI Bank following the Reserve Bank of India approval to merger proposal of the two lenders.......

ICICI-BoR merger: What does it mean

ICICI Bank's move to amalgamate Bank of Rajasthan (BoR) with itself at a 1:4.72 ratio indicates the bank would pay a premium of 89.4 per cent to Bank of Rajasthan's closing stock price on Tuesday.......