Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Post Merger Announcement, Here's a List of Public Sector Banks in Descending Order of Business Size

Union Finance Minister Nirmala Sitharaman on Friday announced the merger of 27 public sector banks into 12, the biggest being the merger of Punjab National Bank, Oriental Bank of Commerce and United Bank.

News18.com

Updated:August 30, 2019, 5:50 PM IST
facebookTwitterskypewhatsapp
Post Merger Announcement, Here's a List of Public Sector Banks in Descending Order of Business Size
Image for Representation
Loading...

New Delhi: Union Finance Minister Nirmala Sitharaman on Friday announced the merger of 27 public sector banks into 12, the biggest being the merger of Punjab National Bank, Oriental Bank of Commerce and United Bank. The three banks together will merge to form India’s second largest bank after the State Bank of India, with Rs 17.95 lakh crore business and 11,437 branches.

Here’s a list of the public sector banks after amalgamation in the descending order of their business size:

1. State Bank of India - Rs 52.05 lakh crore

2. PNB + OBC+ United Bank of India - Rs 17.94 lakh crore

3. Bank of Baroda (including Vijaya and Dena) - Rs 16.13 lakh crore

4. Canara Bank + Syndicate Bank - Rs 15.20 lakh crore

5. Union Bank + Andhra Bank + Corporation Bank - Rs 14.59 lakh crore

6. Bank of India - Rs 9.03 lakh crore

7. Indian Bank + Allahabad Bank - Rs 8.08 lakh crore

8. Central Bank of India - Rs 4.68 lakh crore

9. Indian Overseas Bank - Rs 3.75 lakh crore

10. UCO Bank - Rs 3.17 lakh crore

11. Bank of Maharshtra - Rs 2.34 lakh crore

12. Punjab & Sind Bank: Rs 1.71 lakh crore

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 68.55 0.88
Maruti Suzuki 6,450.30 0.91
Tata Motors 129.55 1.25
HDFC Bank 2,257.45 -0.59
Axis Bank 674.25 1.71
Company Price Change %Gain
IEX 118.10 -9.71
Yes Bank 68.60 0.96
Reliance 1,225.55 1.26
Tata Motors 129.55 1.25
Maruti Suzuki 6,449.80 0.91
Top Gainers
Company Price Change %Gain
BPCL 408.55 6.34
IOC 130.10 4.58
Titan Company 1,123.40 3.43
GAIL 129.25 2.78
ICICI Bank 413.40 2.66
Company Price Change %Gain
Vedanta 149.20 2.72
ICICI Bank 413.25 2.61
ONGC 128.80 2.34
Kotak Mahindra 1,483.55 1.79
Axis Bank 674.35 1.74
Top Losers
Company Price Change %Gain
Bharti Airtel 343.05 -1.29
Dr Reddys Labs 2,731.55 -1.28
Sun Pharma 422.85 -1.16
HDFC Bank 2,257.45 -0.59
ITC 239.90 -0.35
Company Price Change %Gain
Bharti Airtel 342.75 -1.35
Sun Pharma 423.25 -1.04
HDFC Bank 2,256.25 -0.62
ITC 239.95 -0.35
HUL 1,804.80 -0.10

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results