
Punjab National Bank to be merged with Oriental Bank and United Bank
HIGHLIGHTS
OBC, United Bank of India merged into PNB
Syndicated Bank merged into Canara Bank
No. of public sector banks reduced from 27 to 12
Nirmala Sitharaman says the merger of PNB with OBC and United Bank will make it the second-largest PSB with Rs 18 lakh crore business and second-largest...