MUMBAI :Public sector lenders Punjab National Bank (PNB) and Union Bank of India on Thursday said their boards have approved the merger ratios for amalgamation with four other banks as part of the government’s exercise to merge 10 banks into four.
Syndicate Bank shareholders will get 158 shares of Canara Bank for every 1,000 shares of their bank, according to a regulatory filing on Thursday.
While Oriental Bank of…
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