The finance minister Mrs. Nirmala Sitaraman has proposed the merger of ________ and ________ into Punjab National Bank
Oriental Bank of Commerce and United Bank of India
The correct answer is Oriental Bank of Commerce and United Bank of India.
Diversification of Risk: Combining different banks can help diversify loan portfolios and reduce concentration risk. Technological Upgrades: Mergers can facilitate investment in better technology and infrastructure. Rationalization of Public Sector Banks: The government's goal was to create fewer, stronger anchor banks from many smaller ones. These reforms by the finance minister aimed to strengthen India's public sector banking system.
Important Questions from Miscellaneous
The magazine in which Mahatma Gandhi mentioned what he wanted the Constitution to do is:
Which gas shields the surface of the earth from ultraviolet radiation from the sun?
Which event is marked as an Intangible Cultural Heritage of Humanity by UNESCO?
Who has been conferred with the rank of the Commander of the Order of the British Empire in 2018?
Who directead the film ‘Bhuvan Shome’?
