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Finance Ministry

PS Jayakumar, Bank of BarodaFinance

RBI to Infuse Rs 5,042 Crore Into Bank of Baroda

The government has decided to infuse Rs 5,042 crore into state-owned Bank of Baroda (BoB) ahead of merger of two other public sector lenders Dena Bank and Vijaya Bank with BoB. The merger of Dena Bank and Vijaya Bank with BoB would be effective from April 1.

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