Punjab National Bank
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Apr 1, 2020 · The amalgamation of Punjab National Bank, United Bank of India and Oriental Bank of Commerce has come into effect from April 1, 2020. The merger will create the second largest nationalized bank of the country both in terms of business and branch network.
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The appointment comes into effect from the date of...
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Mar 6, 2020 · 20 March, 2020. Newspaper Publication - Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank. 06 March, 2020. Newspaper Publication - Formation of Grievance Redressal Committee for Addressing Objections on Share Exchange Ratio and Record Date. 05 March, 2020. Outcome of Board Meeting - Share Exchange ...
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that the Oriental Bank of Commerce and United Bank of India (UBI) would be merged with Punjab National Bank (PNB). The proposed merger would make PNB the second largest public sector bank in the country with assets of ₹ 17.95 lakh crore (US$220 billion) and 11,437 branches.
Aug 30, 2019 · Updated on : 30 Aug 2019, 12:26 pm. 2 min read. The government on Friday announced the merger of Punjab National Bank, Oriental Bank of Commerce and United Bank of India to create the...
Mar 28, 2020 · The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Oriental Bank of Commerce and United Bank of India into ...
Aug 30, 2019 · Moneycontrol News. August 30, 2019 / 09:26 PM IST. File image. Finance Minister Nirmala Sitharaman today announced a mega consolidation drive, the biggest of which was the plan to merge...
Oct 2, 2019 · The merged entity of Punjab National Bank, Oriental Bank of Commerce and United Bank of India may follow a State Bank of India-like structure with local head offices in every region to leverage the strengths of each of the merged banks.
