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Nirmala Sitharaman announces big banks merger: India will now have only 12 PSBs

Updated on: September 01, 2019 5:22 IST

Nirmala Sitharaman announces big banks merger: India will now have only 12 PSBs

Punjab National Bank, Oriental Bank of Commerce and United Bank will be brought together and they shall form the 2nd largest public sector bank with a business of Rs 17.95 Lakh Crore, says Nirmala Sitharaman

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