The government has proposed amalgamation of Bank of Baroda, Vijaya Bank, and Dena Bank to create Indias 3rd largest globally competitive Bank recently. Vijaya Bank based in

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The government has proposed amalgamation of Bank of Baroda, Vijaya Bank, and Dena Bank to create India’s 3rd largest globally competitive Bank recently. Vijaya Bank based in

A	Chennai
B	New Delhi
C	Kolkata
D	Bengaluru

Explanation:

Detailed explanation-1: -All branches of Vijaya Bank and Dena Bank have now become Bank of Baroda branches. Bank of Baroda (BoB) said on December 20 that it had completed the integration/migration of 3, 898 branches of Vijaya Bank and Dena Bank.

Detailed explanation-2: -State-run Bank of Baroda on Sunday said it has completed integration of 3, 898 branches of erstwhile Vijaya Bank and Dena Bank with itself. In a first three-way amalgamation, Vijaya Bank and Dena Bank were merged with Bank of Baroda from April 1, 2019.

Detailed explanation-3: -Bank of Baroda (BoB) has completed the integration of 3, 898 branches of Vijaya Bank and Dena Bank with itself.

Detailed explanation-4: -This amalgamation will present Bank of Baroda as the global conglomerate in the banking sector aiming to achieve the higher working efficiency, financial stability and wider operationality. It will not only facilitate national and global outreach but will also integrate public banking sector in India.

There is 1 question to complete.