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Bank of Baroda, Dena Bank, Vijaya Bank merger may result in savings worth Rs 1,000 crore: report

Updated : September 19, 2018 09:54 AM IST

Bank of Baroda and Dena Bank may have to rationalise up to 1,000 locations as they have branches in the same vicinity, resulting in the reduction of manpower.
The report added that there will be no job cuts but employees may get transferred to other branches or may get absorbed in new branches.
Bank of Baroda, Dena Bank, Vijaya Bank merger may result in savings worth Rs 1,000 crore: report
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