Announced
Financials
Tags
lending banks
Merger
Private
Friendly
commercial banks
Pending
India
Banks
Synopsis
SyndicateBank, a leading Indian nationalized bank to merge into Canara Bank, one of the largest PSB owned by govt. of India as the part of the amalgamation of banks to form the fourth largest bank in India with combined assets worth $21.4bn and 10.3k branches. Syndicate Bank stated that its Board of Directors had approved the amalgamation of Syndicate Bank into Canara Bank.
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