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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...
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...
Notice is hereby given that the Board of Directors of Andhra Bank (“Transferor Bank – 1”), Corporation Bank (“Transferor Bank – 2”) and Union Bank of India (“Transferee Bank”) (collectively, “the concerned banks”) at their respective meetings held on March 5, 2020 have approved the following Equity Exchange Ratio as per the ...
Mar 28, 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. (Yogesh Dayal) Chief General Manager
Apr 1, 2020 · New Delhi: Union Bank on Wednesday said it has become the country's fifth largest public sector lender after amalgamating Andhra Bank and Corporation Bank into itself. The merger, effective from Wednesday, will harness rich individual legacies and forge a dynamic shared future, it said in a release. "As of today, all employees, customers and ...
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 14.59...
Sep 13, 2019 · Finance Minister Nirmala Sitharaman recently announced the merger of Oriental Bank of Commerce and United Bank with Punjab NationalBank, Syndicate Bank with Canara Bank, while Andhra Bank and Corporation Bank would merged with Union Bankof India.
Apr 1, 2020 · Union Bank on Wednesday said it has become the country's fifth-largest public sector lender after amalgamating Andhra Bank and Corporation Bank into itself.
Mar 5, 2020 · Andhra Bank and Corporation Bank will be amalgamating into Union Bank of India with effect from 01 April 2020. The board of Andhra Bank at its meeting held on 05 March 2020 has approved the following Equity Share Exchange Ratio for amalgamation of Andhra Bank into Union Bank of India:
