IDBI Merger With Bob

Do you have any info of IDBI bank Merger With BOB (Bank Of Baroda) , if you have then will you plz let me know about the same ??

[pawan]

as you asked for IDBI bank Merger With BOB (Bank Of Baroda), but this time we have no news related to it , if we get then will update you .

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry

Bank profile:
Type Government-owned bank
Traded as BSE: 500116
NSE: IDBI
Industry Banking, Financial services
Predecessor IDBI
Founded 1 July 1964, 52 years ago
Headquarters Mumbai India
Key people Mahesh Kumar Jain(Managing Director & CEO)
Products consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan
Revenue 28,043.10 crore (US$4.4 billion) (2016)
Operating income 5,370 crore (US$840 million) (2016)
Net income -3,664.80 crore (US$−570 million) (2016)
Total assets 374,372.12 crore (US$58 billion) (2016)
Number of employees 17,570 (March 2016)
Capital ratio 11.76% (2016)

Bank of Baroda (BoB) is an Indian state-owned International banking and financial services company headquartered in Vadodara

Bank profile
Type Public
Traded as BSE: 532134
NSE: BANKBARODA
CNX Nifty Constituent
Industry Banking, Financial services
Founded 20 July 1908; 109 years ago
Founder Maharaja H. H. Sir Sayajirao Gaekwad III
Headquarters Vadodara, Gujarat, India
Number of locations 5481 branch banks (2017)
Area served Worldwide
Key people Ravi Venkatesan (Chairman)
P. S. Jayakumar (Managing Director & CEO
Bharat Dangar (Director)
Products Consumer banking
Corporate banking
Credit cards
Finance and insurance
Investment banking
Mortgage loans
Private banking
Private equity
Wealth management
Revenue 42,199.92 crore (US$6.6 billion) (2017)
44,061.27 crore (US$6.9 billion) (2016)
Operating income 10,975.07 crore (US$1.7 billion) (2017)
8,815.58 crore (US$1.4 billion) (2016)
Net income 1,383.14 crore (US$220 million) (2017)
-5,395.54 crore (US$−840 million) (2016)
Total assets 694,875.42 crore (US$110 billion) (2017)
671,376.48 crore (US$100 billion) (2016)
Owner Government of India
Number of employees 52,420 (2017)
52,021 (2016)
Capital ratio 13.17% (2016)