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âš¡Bank Unions Call For Demonstrations to Protest Merger of 10 PSU Lenders Into 4 Entities

By Team Latestly

Four bank mergers have been listed by the Finance Minister. They are as follows: Punjab National Bank, Oriental Bank of Commerce and United Bank will become a single entity; Canara Bank and Syndicate Bank and the third entity will be the amalgamation of Union Bank of India, Andhra Bank and Corporation Bank. The fourth merger is of the Indian Bank and Allahabad Bank.

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