Dena Bank’s board approves merger with Bank of Baroda, Vijaya Bank

Photo: Priyanka Parashar/Mint

Public sector lender Dena Bank on Monday said its board has approved the government proposal to merge the bank with Bank of Baroda (BoB) and Vijaya Bank. This is the first of the three state-run banks to approve their proposed amalgamation after it was announced by the government on 10 September.

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