Year: 2019

Nirmala Sitharaman Announces 4 Mega State-Run Bank Mergers

Nirmala Sitharaman Announces 4 Mega State-Run Bank Mergers

The Finance Minister also said on Friday that loan recoveries have hit a recover level of Rs. 1,21,076 crore. Finance Minister Nirmala Sitharaman on Friday announced the merger of Punjab National Bank, Oriental Bank of Commerce and United Bank. Speaking on consolidation of the three public sector banks, Ms Sitharaman