Download list of Public Sector Banks Mergers in India PDF – Bank Mergers List with Capital Infusions complete list PDF – list of merger of banks in india
Welcome to our new post. This post will provide you with a PDF of the Bank Mergers List in India. You can find the latest list of acquiring and amalgamated banks in India, which you can also download in PDF format at the end of the post.
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Merged Bank List
In order to improve the effectiveness of the Banking system in India, the Central Government has announced the merger of many Public sector banks. The merger process is going on for the last few years. On March 4, 2020, the Union cabinet approved the consolidation of Public Sector Banks with effect from April 1, 2020.
This involved the amalgamation of the Oriental Bank of Commerce (OBC) and United Bank of India into Punjab National Bank(PNB), Syndicate Bank into Canara Bank, Andhra Bank and Corporation Bank into Union Bank of India, and Allahabad Bank into Indian Bank. Before this, in January 2019, the cabinet had approved the unification of Vijaya Bank, Dena Bank, and Bank of Baroda.
All Bank Merger List 2022
| Acquire Bank | Amalgamated bank |
|---|---|
| Indian Bank | Allahabad Bank |
| Punjab National Bank | Oriental Bank of Commerce |
| Punjab National Bank | United Bank |
| Union Bank of India | Andhra Bank |
| Union Bank of India | Corporation Bank |
| Canara Bank | Syndicate Bank |
| State Bank of India | State Bank of Bikaner & Jaipur |
| State Bank of India | State Bank of Hyderabad |
| State Bank of India | State Bank of Mysore |
| State Bank of India | State Bank of Patiala |
| State Bank of India | State Bank of Travancore |
| State Bank of India | Bharatiya Mahila Bank |
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Download Bank Mergers List in India PDF
You can download the PSU’s Merger Banks List PDF from the download button given below.
We hope you find this helpful content and are able to download the PDF for the Merger Banks List in India.
