Friday, 30 August 2019

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 The Times of India https://ift.tt/2MN3xmm

No comments:

Post a Comment

Sixth typhoon in a month makes landfall in Philippines

Super Typhoon Man-Yi is the latest storm forecast to potentially cause further life-threatening conditions. from BBC News https://ift.tt/R...