Big PSU bank merger on cards if Modi wins 2019 election; PNB may merge these banks with itself

The government is planning to merge Punjab National Bank with two other PSU banks -- Oriental Bank of Commerce and Andhra Bank after the new administration is in place following the 2019 Lok Sabha elections, Reuters reported.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2WiRDVp