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Question : With effect from the 1st of April 2020, The United Bank of India has been merged with which among the following Banks?

Option 1: Bank of Baroda

Option 2: Punjab National Bank

Option 3: State Bank of India

Option 4: Canara Bank


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Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Punjab National Bank


Solution : The correct answer is Punjab National Bank.

The United Bank of India merged with Punjab National Bank along with the Oriental Bank of Commerce with effect from 1 April 2020. After the Merger, the Punjab National Bank has become the second largest public sector bank in India, and the largest public sector bank is the State Bank of India.

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