Question

The nationalized bank with Punjab National Bank in 1993.

• A. New Bank of India
• B. Bank of Maharastra
• C. Dena Bank
• D. Nedugandi Bank

Answer 1

Answer:

A. New Bank of India

New Bank of India (NBI) was merged with Punjab National Bank in 1993. This was part of the Indian government’s efforts to consolidate and strengthen public sector banks. The merger helped expand PNB’s branch network and customer base, especially in northern India. Other options: Bank of Maharashtra, Dena Bank, Nedungadi Bank – These banks were merged with other banks at different times, not with PNB in 1993.