Government approves merger of PNB bank and Union bank with other banks
The central government has approved the merger of Punjab National Bank (PNB) and Union Bank of India (UBI) with other banks. Both banks have given the approval information to the Bombay Stock Exchange (BSE).
While sharing the information, Punjab National Bank said, Banks received a letter from the Department of Financial Services, Ministry of Finance on the day of 13 November. It is reported that the merger of Oriental Bank of Commerce (OBC) and United Bank of India (UBI) with him has been approved in principle.
Apart from these, Syndicate Bank and Allahabad Bank-Indian Bank will be merged with Canara Bank. With this, its business will be about 15 lakh crores. In August, the government announced the merger of 10 state-owned banks.
According to the central government plan, in August, the government announced the merger of 10 state-owned banks. Additionally, Indian Bank is likely to merge with Syndicate Bank and Allahabad Bank in Canara Bank.
This bank is going to close, take out your money or else there will be problem, see big news of business
Aditya Birla Idea Payments Bank is going to consolidate its business. Foreign investment of nearly one lakh crore rupees has come through private equity in the Indian real estate sector during the last five years. Google has blocked an app of Chinese company Xiaomi.
The central government has approved the merger of Punjab National Bank (PNB) and Union Bank of India (UBI) with other banks. Both banks have given the approval information to the Bombay Stock Exchange (BSE).
While sharing the information, Punjab National Bank said, Banks received a letter from the Department of Financial Services, Ministry of Finance on the day of 13 November. It is reported that the merger of Oriental Bank of Commerce (OBC) and United Bank of India (UBI) with him has been approved in principle.
Apart from these, Syndicate Bank and Allahabad Bank-Indian Bank will be merged with Canara Bank. With this, its business will be about 15 lakh crores. In August, the government announced the merger of 10 state-owned banks.
According to the central government plan, in August, the government announced the merger of 10 state-owned banks. Additionally, Indian Bank is likely to merge with Syndicate Bank and Allahabad Bank in Canara Bank.
This bank is going to close, take out your money or else there will be problem, see big news of business
Aditya Birla Idea Payments Bank is going to consolidate its business. Foreign investment of nearly one lakh crore rupees has come through private equity in the Indian real estate sector during the last five years. Google has blocked an app of Chinese company Xiaomi.
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