Question

Which of the following was a major merger event in India’s banking sector in 2020 involving three public sector banks and one regional rural bank?

• A. Merger of Punjab National Bank and Oriental Bank of Commerce
• B. Merger of ICICI Bank and HDFC Bank
• C. Merger of Kotak Mahindra Bank with Yes Bank
• D. Merger of Axis Bank and Federal Bank

Answer 1

Answer:

A. Merger of Punjab National Bank and Oriental Bank of Commerce

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