India to Merge Three State Banks to Consolidate Weak Balance Sheets By Garima Chitkara, Regulation Asia Published on 19th September 2018 India has begun the process to merge Dena Bank, Vijaya Bank and Bank of Baroda in a bid to support their weak balance sheets and consolidate the state-run banking sector.To continue reading... Sign in Password * Remember me Lost your password? Get access Get access immediately by purchasing a 12 month subscription, or register today to get access to a free 5-article trial: Register Subscribe To discuss subscription options with our team please email: [email protected] Related:Arun Jaitley, Bad Loans, Bank of Baroda, Dena Bank, MOF, NPAs, PCA, PSBs, RBI, Vijaya Bank Recommended for you RBI Warns of Deteriorating Asset Quality, Capital Buffers RBI to Explore New Regulatory Approach to Digital Lenders RBI Directs Banks to Enhance Internal Audit Function