10 big banks to be merged during lockdown
10 big banks to be merged during lockdown, all names will be changed from April 1 The government will merge banks on April 1 to improve the banking system of the country between the Coronavirus crisis and the lockdown. This step of the government will give more strength to the banking system of the country. In the beginning of April, 4 new banks will be made by merging 10 banks. United Bank of India and Oriental Bank of Commerce have been merged with Punjab National Bank. After this merger, it has become the second largest public sectorg. While Syndicate bank is merged with Canara Bank. Simultaneously, Allahabad Bank (Allahabad Bank) has merged into Indian Bank (Indian Bank) and Andhra Bank (Andhra Bank) and Corporation Bank (Corporation Bank) have been merged into United Bank of India. After this merger, there will be seven large size banks in the country whose business will be more than 8 lakh crore rupees. After the merger, seven big banks,...