PNB extends validity of old cheque of OBC and United Bank of India by 3 months
Business | April 02, 2021 8:45 ISTPNB has extend the validity of old cheque of account holders in Oriental Bank of Commerce and United Bank of India by three months.
PNB has extend the validity of old cheque of account holders in Oriental Bank of Commerce and United Bank of India by three months.
Ahead of a grand merger with two banks namely United Bank of India (UBI) and Oriental Bank of Commerce (OBC) on April 1, the Punjab National Bank (PNB) has unveiled its new logo.
In August, the government announced a mega plan to merge 10 public sector banks into four with a view to creating fewer and stronger global-sized lenders with robust balance sheets that can be used to boost credit and spur growth.
Shares of the state-owned lender rose 16.40 per cent to Rs 10.36 apiece on the BSE. On the NSE, the scrip zoomed 16.85 per cent to Rs 10.05.
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