BoR

ICICI Bank is awaiting the Reserve Bank's approval for acquiring Bank of Rajasthan and would initiate the process of integration once the regulatory clearances are received, a top official of

The country's largest private sector lender ICICI Bank today said its shareholders have approved the merger of Bank of Rajasthan with itself.

The shareholders of the bank approved the amalgamation

Chaos reigned at the extraordinary general meeting of Bank of Rajasthan that was called on Monday to approve its merger with ICICI Bank, India’s largest private sector lender.

The management

Around 4,200 employees of Bank of Rajathan will go on two-day strike from tomorrow to protest against the proposed merger of the bank with ICICI Bank.

HDFC Chairman Deepak Parekh has said that the group "thankfully" did not look at acquiring Bank of Rajasthan, as it is yet to overcome the pressures of previous takeovers.

Bank

ICICI Bank today said jobs of over 4,000 employees of Bank of Rajasthan, which it is acquiring, are safe and that there would be no layoffs or discrimination against its