Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme 2019 Notification

By | January 3, 2019
(Last Updated On: January 3, 2019)

MINISTRY OF FINANCE (Department of Financial Services)

NOTIFICATION New Delhi,

the 2nd January, 2019

G.S.R. 2(E).—In exercise of the powers conferred by section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Central Government after consultation with the Reserve Bank of India hereby makes the following Scheme, namely: –

1. Short title and commencement.− (1) This Scheme may be called the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019.

(2) It shall come into force on the 1st day of April, 2019.

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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