Q. Which Indian public sector bank unveiled a new logo ahead of its merger with the United Bank of India and the Oriental Bank of Commerce?
Answer: Punjab National Bank
Notes: Punjab National Bank has unveiled its new logo ahead of its merger with the United Bank of India and the Oriental Bank of Commerce. The new logo bears the symbols of all the three public sector banks. The Reserve Bank of India (RBI) has issued a notification that the merger of ten banks into four will be carried out as scheduled, on April 1, 2020. After the amalgamation process, PNB will become the second largest lender in India after the State Bank of India.
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