- 1. Punjab National Bank – Oriental Bank of Commerce: Correctly matched. Oriental Bank of Commerce (and United Bank of India) were amalgamated into PNB. - 2. Indian Bank – Corporation Bank and Allahabad Bank: Incorrectly matched. Allahabad Bank merged into Indian Bank, but Corporation Bank merged into Union Bank of India. - 3. Andhra Bank – Syndicate Bank and Canara Bank: Incorrectly matched. Andhra Bank (and Corporation Bank) merged into Union Bank of India. Syndicate Bank merged into Canara Bank. - 4. Union Bank – United Bank of India: Incorrectly matched. United Bank of India merged into Punjab National Bank. Union Bank of India amalgamated Andhra Bank and Corporation Bank.
Which of the following pairs are incorrectly matched regarding merger of various Public Sector Banks? Anchor bank Amalgamation Banks 1. Punjab Nation‐ – Oriental Bank of Comal Bank merce – Corporation Bank and 2. Indian Bank Allahabad Bank – Syndicate Bank and 3. Andhra Bank Canara Bank 4. Union Bank – United Bank of India
Asked in GPSC Prelims CSP 2 2019 · Topic: Money & Banking (Commercial Banking: Structure, Functions, and Recent Reforms in India)
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