Reforms\, transformation made BoB-Dena-Vijaya merger possible: P S Jayakumar

Reforms, transformation made BoB-Dena-Vijaya merger possible: P S Jayakumar

There was no difference between pre-merger numbers of BoB and ratios after the merger, P S Jayakumar, MD and CEO Bank of Baroda says

Hamsini Karthik & Abhijit Lele  |  Mumbai 

Listing common identity as public sector entities, ground work by CEOs of Vijaya Bank and Dena Bank, reforms, and transformation were factors for a smooth integration, P S Jayakumar, MD and CEO Bank of Baroda, told Hamsini Karthik and Abhijit Lele. He said the new entity will maintain push for sustainable growth. Edited excerpts: About year ago, you were not in favour of a merger of any bank with Bank of Baroda (BoB). You have gone ahead with it.

Yes. That was 18 months ago. That was because we as a bank had not transformed ourselves. But over the last 12 months, the Indian ...

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First Published: Mon, April 01 2019. 23:06 IST