All Bank Merger List PDF Download

All Bank Merger List PDF


All Bank Merger List




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All Bank Merger List PDF Download

If you are looking for the Complete Bank Merger List PDF then you are in the right place. At the end of this post, we added a button to download the List of Merged Banks PDF for free.

Why do Banks merge?

India had many small banks operating as separate entities. They often depended on the government’s aid, which added to its burden. According to the Reserve Bank of India, merging most of these banks would pave the way to building a robust, well-funded, and global banking system.

In August 2019, it was announced that 10 public sector banks would be merged into 4. After this, 4 more mergers were announced. In total, there are 12 public sector banks operating after the bank merger in India.

The announcement of this mega-merger was made by Union Finance Minister Nirmala Sitharaman in 2019. The main purpose of the government is to consolidate 10 public sector banks into 4 banks to manage the capital more effectively and improve the NPA of some banks.

List of Public Sector Banks

As of today, India has 12 public sector banks. Including the 2 largest public sector banks, the State Bank of India (SBI) and the Bank of Baroda (BOB).

Here is the list of Public Sector Banks in India.

  1. State Bank of India (SBI)
  2. Bank of Baroda (BOB)
  3. Bank of India (BOI)
  4. Central Bank of India (CBI)
  5. Punjab National Bank (PNB)
  6. Canara Bank (CB)
  7. Union Bank of India (UN)
  8. Indian Bank
  9. Indian Overseas Bank
  10. UCO Bank
  11. Bank of Maharashtra
  12. Punjab and Sind Bank

Bank Merger List

Sr.NoMerged Into (Anchor Banks)Banks MergedMerger Year
1.Bank of BarodaDena Bank
Vijaya Bank
1st April, 2019
2.Canara BankSyndicate Bank1st April, 2020
3.Indian BankAllahabad Bank1st April, 2020
4.Punjab National BankOriental Bank of Commerce
United Bank of India
1st April, 2020
5.State Bank of IndiaState Bank of Bikaner And Jaipur
State Bank of Hyderabad
State Bank of Mysore
State Bank of Patiala
State Bank of Travancore
Bharatiya Mahila Bank
1st April, 2017
6.Union Bank of IndiaAndhra Bank
Corporation Bank
1st April, 2020


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