The government is looking to create a bigger bank in the next round of consolidation by getting state-run Canara BankBSE -3.18 % to take over smaller lenders Vijaya BankBSE -1.45 % and Dena BankBSE -2.20 %. “Discussions are on between banks. There is a possibility that first Vijaya and Dena merge, before being taken over by Canara Bank,” a senior government official told ET.
Canara Bank is the fourth-biggest bank by market capitalisation behind State Bank of India, Bank of Baroda and...
Canara Bank may be next in line to take over two small lenders
Canara Bank is the fourth-biggest bank by market capitalisation behind State Bank of India, Bank of Baroda and...
Canara Bank may be next in line to take over two small lenders