Important Banks Mergers in India along with tricks

Because of mega-bank mergers

The number of PSBs will get consolidated from 27 banks in 2017 to 12 banks in 2020 SIX merged banks and SIX independent banks. Six merged banks Public sector banks State Bank of India Punjab National Bank Bank of Baroda Union Bank of India Canara Bank Indian Bank Six Independent Public sector banks Indian Overseas Bank UCO Bank Bank of Maharashtra Punjab and Sind Bank Bank of India Central Bank of India

Banks Merged with State Bank of India

1. SBI and its Associate Bank & Bhartiya Mahila Bank (BMB)

Year : April 1, 2017 Trick : SBI - JAI MAHILA HM & PT SBI : JAI - State Bank of Bikaner and Jaipur (SBBJ) MAHILA- Bharatiya Mahila Bank (BMB) H -State Bank of Hyderabad (SBH) M -State Bank of Mysore (SBM) P - State Bank of Patiala (SBP) T -State Bank of Travancore (SBT)

2. State Bank of Indore & SBI

Year : 2010 Trick : Banks having name - State bank Exception : Benares State Bank Ltd

3.State Bank of Saurashtra & SBI

Year : 2008 Trick : Banks having name - State bank Exception : Benares State Bank Ltd

4. Kashinath State Bank & SBI

Year : 1995 Trick : Banks having name - State bank Exception : Benares State Bank Ltd

5. Bank of Cochin & SBI

Year : 1985 Trick : SBI Coach

Banks Merged with Punjab National Bank (PNB)
It has become the second-largest state-run bank

1. New Bank of India merged with Punjab National Bank (PNB)

Year : 1993 Trick : PUNJAB has won BARI GLOBAL Trust in COMMERCE.

2. Nedungadi Bank Ltd merged with Punjab National Bank (PNB)

Year : 2003 Trick : PUNJAB has won BARI GLOBAL Trust in COMMERCE.

3. Oriental Bank of Commerce & United Bank of India merged with Punjab National Bank (PNB)

Year : 2019 Trick : PUNJAB has won BARI GLOBAL Trust in COMMERCE.

Banks Merged with BANK OF BARODA
It has become the THIRD-largest state-run bank

1. Benares State Bank Ltd  merged with BANK OF BARODA

Year : 2002 Trick : BOB - BAN BAR in Gujarat

2. Bareilly Corporation Bank merged with BANK OF BARODA

Year : 1998 Trick : BOB - BAN BAR in Gujarat

3. South Gujarat Local Area Bank Limited merged with BANK OF BARODA

Year : 2004 Trick : BOB - BAN BAR in Gujarat

4. Vijaya Bank and Dena  merged with BANK OF BARODA

Year : April 1 ,2019 Trick : BOB is a symbol of VIJAY DEN

Banks Merged with CANARA BANK
It has become the Fourth-largest state-run bank

1. Syndicate Bank merged with CANARA BANK

Year : 2019 Trick : If we have SYNDICATE LAKSHMI (Money) we CAN do anything.

2. Lakshmi Commercial Bank merged with CANARA BANK

Year : 1985 Trick : If we have SYNDICATE LAKSHMI (Money) we CAN do anything.

Banks Merged with UNION BANK OF INDIA
It has become the FIFTH largest public sector bank in India

1. ANDHRA Bank merged with UNION BANK OF INDIA

Year : 2019 Trick : ANDHRA UNION CORPORATION

2. CORPORATION Bank merged with UNION BANK OF INDIA

Year : 2019 Trick : ANDHRA UNION CORPORATION

Banks Merged with Bank of India
It has become the SIXTH largest public sector bank in India

1. Bank of Karad merged with Bank of India

Year : 1994 Trick : BOI - BOK

Banks Merged with INDIAN BANK
It has become the SEVENTH largest public sector bank in India

1. ALAHABAD BANK merged with INDIAN BANK

Year : 2019 Trick : ALL INDIANs

Banks Merged with HDFC BANK

1. Centurion Bank of Punjab merged with HDFC Bank

Year : 2008 Trick : It's Century Time for HDFC

2. Times Bank Limited merged with HDFC Bank

Year : 2000 Trick : It's Century Time for HDFC

Banks Merged with Oriental Bank of Commerce

1. Punjab Co-operative Bank merged with Oriental Bank of Commerce

Year : 1997 Trick : PUNJAB has won BARI GLOBAL Trust in COMMERCE.

2. Bari Doab Bank Ltd merged with Oriental Bank of Commerce

Year : 1997 Trick : PUNJAB has won BARI GLOBAL Trust in COMMERCE.

3. Global Trust Bank merged with Oriental Bank of Commerce

Year : 2004 Trick : PUNJAB has won BARI GLOBAL Trust in COMMERCE.

Banks Merged with Industrial Development Bank of India (IDBI)

1. United Western Bank merged with Industrial Development Bank of India (IDBI)

Year : 2006 Trick : : If we are UNITED we will get DEVELOPMENT

Banks Merged with Kotak Mahindra Bank

1. ING Vysya Bank merged with Kotak Mahindra Bank

Year : 2014 Trick : My friend Mahindra belongs to Vysya's

Banking Exams MAINS Special (Static GK & Current Affairs)

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