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

Reported by : India TV News Desk [ Updated: September 01, 2019 5:22 IST ]
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