Finance Minister announces mega merger of 10 state-run banks into 4 banks
The biggest of the four, will be the merger of Punjab National Bank with Oriental bank of Commerce and United Bank of India to create India’s second largest public sector bank with a business of 17.5 lakh crores
https://www.hindustantimes.com/india-news/finance-minister-nirmala-sitharam-announces-mega-mergers-ten-public-sector-banks-merged-into-four-mega-banks/story-cFJqMgvAzut9oOcMD8N1NP.html
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