Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1726)

2018-09-29 Banking

1726.

Centre is reportedly planning the amalgamation of Punjab National Bank (PNB), Andhra Bank and

OBC

BoB

CBI

BOI

Answer: Option

Explanation:

After deciding to merge Bank of Baroda (BoB), Vijaya Bank and Dena Bank, Centre is reportedly planning the amalgamation of Punjab National Bank (PNB), Andhra Bank and Oriental Bank of Commerce (OBC). The government has been battling for years to clean up its banks, which have the highest bad-loan ratio after Italy among the world's 10 largest economies.