Functioning of merged entity of PNB, OBC, UBI to be big challenge during lockdown: Official

The merger of UBI and OBC into PNB will lead to the creation of the country's second largest lender after State Bank of India, an official said. "Under the given conditions, the effective functioning of the merged entity will be a big challenge. The government has not given any direction so far in this regard," the UBI official told.

from Banking/Finance-Industry-Economic Times https://ift.tt/2vRZmi2