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Modi govt announces merger of PNB, OBC, United Bank to make India's 2nd largest PSB

Finance Minister Nirmala Sitharaman announced a mega-merger plan for public sector banks, with Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity.

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Finance Minister Nirmala Sitharaman announced a mega-merger plan for public sector banks, with Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity.

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