Mergers of Banks under Modi Government.
After the merger, there will be 12 public sector banks. Before this merger,there will be 27 public sector banks. In this post we discuss about merger of 10 public sector banks Oriental Bank of Commerce (OBC) + United Bank of India (UBI) is merged in Punjab National Bank (PNB). OPERATE : Punjab National Bank (PNB). After the merger, these together will form the second larged Public sector in the country. Syndicate Bank is merged in Canara Bank. OPERATE : Canara Bank. After the merger it will make fourth largest public sector lender. 3. Indian