As the governments move of merger of 10 PSBs into 4, the banks Oriental Bank of Commerce and United Bank of India will be absorbed by which bank?

  • 1State Bank of India
  • 2Bank of Baroda
  • 3Punjab National Bank
  • 4Canara Bank
Answer:- 3
Explanation:-

Punjab National Bank will absorb Oriental Bank of Commerce and United Bank of India to form the nation's second-largest state-owned lender with combined business of Rs 17.94 lakh crore, overtaking Bank of Baroda with Rs 16.13 lakh crore. SBI leads state-owned banks with business of Rs 52.05 lakh crore.

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