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Supreme Court Rejects Plea To Stay Merger of Three PSU Banks

Supreme Court Rejects Plea To Stay Merger of Three PSU Banks

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  29 March 2019 12:53 PM GMT

New Delhi: The Supreme Court on Thursday dismissed petitions seeking stay on the merger of three public sector banks – Dena Bank, Vijaya Bank and Bank of Baroda. The merger is set to take effect on April 1.

Rejecting the plea by the staff and officers of two merging banks and their associations, the bench of Justice Rohinton Fali Nariman and Justice Vineet Saran in its order said: “No case for grant of stay.” (IANS)

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