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Published in:

Volume 7 Issue 11
November-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2011278


Registration ID:
303664

Page Number

1026-1030

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Title

A STUDY OF AMALGAMATION OF ORIENTAL BANK OF COMMERCE AND UNITED BANK OF INDIA INTO PUNJAB NATIONAL BANK

Abstract

The Indian Banking System plays a very extensive role in the economic development of the country. The Banking Sector of India is one of the expeditiously growing sectors in the country. The restructuring of Banks loan portfolio and sustaining in the competitive environment results in Banks to go for a number of Amalgamation. The most recent and largest amalgamation in the history of the Banking sector took place on August 30, 2019. It is considered as one of the biggest mega-merger where 10 public sector Banks amalgamated with 4 large Banks. The present paper discusses the amalgamation held between the Punjab National Bank, Oriental Bank of Commerce, and United Bank of India. The paper highlights the merit of the Amalgamation of Banks and see the impact of the post-merger performance of selected Banks in economic growth.

Key Words

Keywords – Indian Banking System, 5 trillion Economy, Amalgamation, Public Sector Banks

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"A STUDY OF AMALGAMATION OF ORIENTAL BANK OF COMMERCE AND UNITED BANK OF INDIA INTO PUNJAB NATIONAL BANK ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 11, page no.1026-1030, November-2020, Available :http://www.jetir.org/papers/JETIR2011278.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A STUDY OF AMALGAMATION OF ORIENTAL BANK OF COMMERCE AND UNITED BANK OF INDIA INTO PUNJAB NATIONAL BANK ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 11, page no. pp1026-1030, November-2020, Available at : http://www.jetir.org/papers/JETIR2011278.pdf

Publication Details

Published Paper ID: JETIR2011278
Registration ID: 303664
Published In: Volume 7 | Issue 11 | Year November-2020
DOI (Digital Object Identifier):
Page No: 1026-1030
Country: meerut, up, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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