Question

New Bank of India Merged with --- in 1993.

• A. State Bank of India
• B. Bank of Baroda
• C. Punjab National Bank
• D. Union Bank of India

Answer 1

Answer:

C. Punjab National Bank

Merger And Acquisition:

• New Bank of India Merged with PNB-1993

• 1.04.2009 Vijaya Bank and Dena Bank merged with Bank of Baroda

• Andra Bank and Corporation Bank merged with union Bank of India.

• Oriental Bank of Commerce and United Bank of India merged with PNB

• Syndicate Bank merged with Canara Bank 

• Allahabad Bank merged with Indian Bank.

Now 12 public sector Banks in India.