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Apr 1, 2020 · Reserve Bank of India has notified the Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India Scheme. It shall come into force on April 1, 2020.
Aug 30, 2019 · As part of the mega-merger plan, Andhra Bank and Corporation Bank will be merged with Union Bank of India. In a media briefing, Sitharaman said, the combined entity will be the...
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that Corporation Bank and Andhra Bank would be merged into Union Bank of India. The proposed merger would make Union Bank of India the fifth largest public sector bank in the country with assets of ₹ 14.59 lakh crore (US$170 billion) and 9,609 branches.
Dec 2, 2020 · Union Bank of India has completed the IT integration after which all the branches of erstwhile Corporation Bank have come fully under its fold as part of the amalgamation exercise, the bank said on Wednesday.
Apr 20, 2020 · Andhra Bank and Corporation Bank were merged into Union Bank of India on April 1 as a part of consolidation exercise in the country's banking space. The government in August 2019 had...
Aug 30, 2019 · Finance Minister Nirmala Sitharaman said that the merger of Union Bank of India, Andhra Bank and Corporation Bank would make it the fifth largest bank of the country with business of Rs...
Mar 28, 2020 · The scheme comes into force on the 1st day of April 2020. Consequently, all branches of Andhra Bank and Corporation Bank will function as branches of Union Bank of India from April 1, 2020. Customers, including depositors of Andhra Bank and Corporation Bank, will be treated as customers of Union Bank of India with effect from April 1, 2020.
Apr 1, 2020 · Andhra Bank and Corporation Bank's merger with Union Bank of India will create India's fifth-largest public sector bank with Rs 14.59 lakh crore business and 9,609 branches. 5. The...
Aug 30, 2019 · Union Bank of India, Andhra Bank and Corporation Bank to be merged (anchor bank - Union Bank of India) Consolidated Union Bank of India, Andhra Bank and Corporation Bank to be 5th largest...
Aug 30, 2019 · Nirmala Sitharaman announces the merger of Punjab National Bank, Oriental Bank of Commerce, and United Bank. The merged entity will be the second largest bank in India with business of Rs. 17.95...
