PNB board to meet OBC, UBI on 5 Sept for merger talks

Punjab National Bank (PNB) on Saturday said its board of directors will meet on September 5 to consider the lender’s merger with Oriental Bank of Commerce and United Bank of India. Continue Reading

Maha Bankbandhan II: PNB, Union Bank, Bank of India may be merged next

After the merger of Bank of Baroda, Vijaya Bank, and Dena Bank in October last year, some more public sector banks may soon receive an invitation from the government to discuss another round of mergers in the sector, according to news reports. These may include Punjab National Bank (PNB), Union Bank of India (UBI) and Bank of India (BoI). Continue Reading