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Tag: Vijay

Famous birthdays for Feb. 22: Drew Barrymore, Vijay Singh

Famous birthdays for Feb. 22: Drew Barrymore, Vijay Singh

Entertainment
Feb. 22 (UPI) -- Those born on this date are under the sign of Pisces. They include: Advertisement -- George Washington, first president of the United States, in 1732 -- German philosopher Arthur Schopenhauer in 1788 -- Englishman Robert Baden-Powell, founder of the Boy Scout movement, in 1857 -- German physicist Heinrich Hertz, discoverer of radio waves, in 1857 -- Poet Edna St. Vincent Millay in 1892 -- Actor/TV producer Sheldon Leonard in 1907 -- Actor Robert Young in 1907 -- Television announcer Don Pardo in 1918 -- Actor Paul Dooley in 1928 (age 93) File Photo by Bob Carey/UPI -- U.S. Sen. Ted Kennedy, D-Mass., in 1932 -- Filmmaker Jonathan Demme in 1944 -- Author Richard North Patt...
Vijay Denanath Baroda Bank: Challenges of the urge to merge

Vijay Denanath Baroda Bank: Challenges of the urge to merge

Finance
NEW DELHI: In August last year, the government asked the 21 public-sector banks (PSBs) to come up with their plans for consolidation. With the proposed merger of Bank of Baroda, Vijaya Bank and Dena Bank — now being jokingly called Vijay Denanath Baroda Bank on social media — the government has taken one more step towards consolidation aimed at creating just a few banks so big that they matter globally. The merger will bring down the number of PSBs to 19. The merger has raised questions due to the health of Dena Bank. Due to its burden of NPAs, it is currently under the Prompt Corrective Action framework of the RBI and has been restrained from further lending. The government believes that the merger would improve the operational synergy and would be better than several entities competing ...