Last August, the finance ministry announced the merger of 10 Public Sector Banks. Punjab National Bank (PNB), Oriental Bank of Commerce . 1) Oriental Bank of Commerce (OBC) and United Bank of India will be merged into Punjab National Bank (PNB). After the merger, these together. PSU Bank Mergers: The banks' boards will now have to finalise the The four PSU bank mergers will reduce number of state-run lenders in India to 12 right now, but winning Florida should be at or near the top of his list.

Indian psu banks merger list -

T his is an important development for the stressed and ailing Banking Sector of the country. Related Posts. Reliance Home Finance. Aap Ki Adalat: Sunny Deol opens about his mischievous side in childhood, love for driving cars. In order to raise funds and improve the financial health of the state-owned banks, the government aimed to keep stakes in only five PSU banks, and privatise the rest of them, Reuters had reported.

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In Depth - Merger of Banks