Public sector banks announce share-swap ratios ahead of April 1 merger

Allahabad Bank-Indian Bank deal to be determined

bank merger

Bengaluru-based Canara Bank will issue 158 shares for 1,000 shares of Syndicate Bank | Illustration: Ajay Mohanty

Following the footsteps of State Bank of India and Bank of Baroda, the boards of 10 public-sector banks on Thursday approved mergers and issued share-swap ratios to create four large

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Topics : PSB mergers

First Published: Mar 5 2020 | 10:42 PM IST

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