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Which of the following Public Sector Banks has ceased to exist as an independent entity since 1st April 2020?

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Which of the following Public Sector Banks has ceased to exist as an independent entity since 1st April 2020?
1. Bank Of Baroda
2. United Bank of India
3. Canara Bank
4. Punjab National Bank
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Correct Answer - Option 2 : United Bank of India

The correct answer is the United Bank of India.

  • United Bank of India is now merged with Punjab National Bank.
  • It is now operated as a subsidiary of Punjab National Bank.
  • Headquarters: Kolkata, West Bengal.
  • Mergers of Banks
  1. Oriental Bank Of Commerce and United Bank of India will be merged into Punjab National Bank.
  2. Syndicate Bank will now be part of the Canara Bank.
  3. Indian Bank will be merged into Allahabad Bank.
  4. Union Bank of India will be merged with Andhra Bank and Corporation Bank.

Banks Headquarters MD&CEO
Bank of Baroda Vadodara Sanjiv Chadha
Canara Bank Bengaluru TN Manoharan
Punjab National Bank New Delhi S.S. Mallikarjuna Rao
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