List of Merging Public Sector Bank (PSB)

List of Merging Public Sector Bank (PSB) – After making the Bank Board Bureau (BBB) For Public Sector Banks operation from April 01, 2016 – Government and finance ministry has geared up for merging of smaller public sector bank entities to their bigger part. Presently rumored are popped up regarding creation of Top 6 Bank after merging rest of all public sector bank with each other.

If the finance ministry and government response are considered the proposed six bank with their merged peers will be something like below. This is done only on the basis of Capital Assets, NPA performance and Profitability.

This is only the projected and purely based on assumption. Reality may differ from the assumption.

The list of Major Six Banks would be :

Lager Bank Merged Bank  Key Parameters Remark
 SBI 1. SBP

2.SBT

3.SBBJ

4. SBM

5.SBH

 Assets :Rs 2606658

Staff : 282915

Branches :23078

 Rank 1
 PNB  1. OBC

2. Allahabad Bank

3.Corporation Bank

4. Indian Bank

Assets :Rs 1479773

Staff : 152749

Branches : 16630

 Rank 2
 canara bank  1. Syndicate Bank

2. Indian Overseas Bank

3. UCO Bank

Assets : Rs 1382690

Staff : 140290

Branches : 15643

Rank 3
 Union Bank  1. IDBI bank

2. Central bank

3. Dena Bank

Assets : Rs 1179508

Staff : 104740

Branches : 12110

 Rank 4
BOI  1. Andhra Bank

2. Vijaya Bank

3. Bank of Maharastra

Assets : Rs 1092530

Staff : 94301

Branches : 10953

 Rank 5
 BOB  1. United Bank of India

2. Punjab & Sindh Bank

3.Bhartiya Mahila Bank

Assets :

Staff :

Branches :

Rank 6

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