Discussion
The only merger of two public sector banks took place between -
Answer: B
Correct answer: Punjab National Bank and New Bank of India
New Bank of India was amalgamated with Punjab National Bank in 1993, after sustained losses had left it unviable. For a long time it stood alone as a merger of two public sector banks.
That is no longer so. Vijaya Bank and Dena Bank were merged into Bank of Baroda in 2019, and ten banks were consolidated into four in 2020. The 1993 case remains distinctive in being driven by the failure of one party rather than by a consolidation policy, and it is the merger the older question banks refer to.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development