No proposal for merger of Canara Bank and Dena Bank: Finance ministry

No proposal for merger of Canara Bank and Dena Bank: Finance ministry

The finance ministry clarified that there is no plan for merger of four public sector banks including Canara Bak and Dena Bank. The other two PSBs are Syndicate Bank and Vijaya Bank. Last year, five associates and the Bharatiya Mahila Bank were merged with State Bank of India (SBI), catapulting the country’s largest lender to among the top 50 banks in the world. With the merger, the total customer base of SBI reached 37 crores and a branch network of around 24,000 and nearly 59,000 ATMs across the country. 

Read More at Livemint News date : 23 Mar 2018, Friday

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