Canara Bank to merge with Syndicate Bank to create 4th largest PSB The number of public sector banks will be 12, down from 27 in 2017 after this announcement.

Notwithstanding concerns over the outcome of bank consolidation, the amalgamation of Canara Bank and Syndicate Bank is expected to improve profits significantly. ‘Project Synergy’ aims at ...

Canara Bank on Wednesday said that following its merger with Syndicate Bank, it is now the fourth largest state-owned bank by assets. The bank said that the combined entity will have 10,391 ...

CHENNAI: State-owned Canara Bank has informed that cheque books issued by erstwhile Syndicate Bank branches and their IFSC and MICR Codes will be valid till June 30, 2021. Syndicate Bank has been ...

The Net NPA of PNB is 10.58%, Indian Bank 3.80% and Indian Overseas Bank 15.10%. The number of branches of these three banks are 6,993, 2,819 and 3,326 respectively. 2. Canara Bank, Syndicate Bank and ...

The amalgamated bank will have a workforce of 89,885 employees - 58,350 from Canara Bank and 31,535 from Syndicate Bank. Centre has promised that there will be no retrenchment during or after the ...

Canara Bank board on Friday gave in-principle approval to its merger with Syndicate Bank. The board also gave nod to capital infusion of up to Rs 9000 crore by the government for preferential ...

Andhra Bank and Corporation Bank have merged into Union Bank of India from April 1. Syndicate Bank has merged into Canara Bank from the same date. Follow The New Indian Express channel on WhatsApp ...

Canara Bank Chairman T N Manoharan said his bank was having a business of Rs.10 lakh crore and the Syndicate Bank Rs.five lakh crore. Written by PTI December 4, 2019 19:24 IST ...