6 banks will dissolve in the lockdown, this effect on customers
The existence of 6 state-owned banks in the country will change on 1 April amid the lockdown. Yes, from this day 6 banks will lose their name and identity. In this case, let us know about these banks…
From April 1, all branches of Allahabad will be considered as Indian Bank. The customers or depositors of Allahabad Bank will also be called Indian Bank.
From April 1, all branches of Allahabad will be considered as Indian Bank. The customers or depositors of Allahabad Bank will also be called Indian Bank.
Similarly, customers of the bank will also now be considered as customers of Canara Bank. It means to say that if you are a customer of Syndicate Bank, then from April 1, you will be considered as Canara Bank.
At the same time, branches of Oriental Bank of Commerce and United Bank of India will be of Punjab National Bank. Apart from this, the customers of these two banks will also be considered as PNB.
Let us know that PNB has been considered the third largest bank in the country. Bank of Baroda and SBI come before PNB.
The last merger will be with Union Bank of Andhra Bank and Corporation Bank. Apart from customers of Andhra and Corporation Bank, the branch will be considered as Union Bank from April 1.