bank merger 2019 PNB with oreiental bank of commerce and United bank.

4. Punjab national bank is a PSU working under central
Government of India regulated by Reserve bank of India Act
1934 and Banking regulation Act,1949.
PNB was registered on 19may 1894 under the Indian
company Act , with its office in ANARKALI Bazaar, Lahore, in
present day Pakistan.
 PNB has the distinction of being the first bank to have been
started solely with INDIAN capital.
Headquarter of PNB is in NEW DELHI.
 PNB has the distinction of being the first Indian bank to have been started
solely with Indian capital that has survived to the present.

9.  Bank mergers helps to control costing on branch investment.
 Our Finance Minister Mrs. Nirmala Sithraman take decision last
week to help the economy grow faster to touch 5 trillion.
 Bank try to achieve target in minimum time.
 Bank grant easier loans to government of India.