10 PSU banks merged into 4 large entities

The merged entity comprising Punjab National Bank, Oriental Bank of Commerce and United Bank of India will become the second largest lender after SBI. The merger of Canara Bank and Syndicate Bank will create the fifth largest lender, with the Union Bank, Andhra Bank and Corporation Bank amalgamation at number six, based on business at the end of March 2019.

from Times of India https://ift.tt/2Uo1dD5

Comments

Post a Comment

Popular posts from this blog

Taiwan promises help to Hong Kong's people

Taiwan will provide the people of Hong Kong with "necessary assistance", President Tsai Ing-wen said, after a resurgence in protests in the Chinese ruled territory against newly proposed national security legislation from Beijing. Taiwan has become a refuge for a small but growing number of pro-democracy protesters fleeing Hong Kong, which has been convulsed since last year by protests. from Times of India https://ift.tt/2XpN5ey
Read more