{"id":45240,"date":"2026-04-28T19:40:00","date_gmt":"2026-04-28T14:10:00","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=45240"},"modified":"2026-04-29T07:41:07","modified_gmt":"2026-04-29T02:11:07","slug":"bank-merger-list","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/","title":{"rendered":"Bank Mergers List in India, 1993 to 2026, Latest Updates"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Bank_Merger_News_2026\" >Bank Merger News 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#India_Plans_Merger_of_Union_Bank_of_India_and_Bank_of_India\" >India Plans Merger of Union Bank of India and Bank of India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Why_the_government_is_planning_more_bank_mergers\" >Why the government is planning more bank mergers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#List_of_6_PSU_banks_yet_to_be_merged\" >List of 6 PSU banks yet to be merged<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#What_it_means_for_bank_customers\" >What it means for bank customers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Complete_Bank_Merger_List_in_India_1993_to_2026\" >Complete Bank Merger List in India (1993 to 2026)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Recent_Bank_Mergers_in_India\" >Recent Bank Mergers in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2023_%E2%80%93_HDFC_Ltd_Merged_with_HDFC_Bank\" >2023 \u2013 HDFC Ltd. Merged with HDFC Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2022_%E2%80%93_HDFC_Ltd_Merged_with_HDFC_Bank\" >2022 \u2013 HDFC Ltd. Merged with HDFC Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2020%E2%80%94Major_PSU_Bank_Mergers_Initiated_by_the_Government\" >2020\u2014Major PSU Bank Mergers Initiated by the Government<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2019%E2%80%94Merger_of_Bank_of_Baroda_Dena_Bank_and_Vijaya_Bank\" >2019\u2014Merger of Bank of Baroda, Dena Bank, and Vijaya Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2018_%E2%80%93_IDFC_Bank_Merged_with_Capital_First\" >2018 \u2013 IDFC Bank Merged with Capital First<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2017_%E2%80%93_Merger_of_SBI_with_Its_Associates_and_Bharatiya_Mahila_Bank\" >2017 \u2013 Merger of SBI with Its Associates and Bharatiya Mahila Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2015_%E2%80%93_Kotak_Mahindra_Bank_Merged_with_ING_Vysya_Bank\" >2015 \u2013 Kotak Mahindra Bank Merged with ING Vysya Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2001_%E2%80%93_ICICI_Bank_Merged_with_Bank_of_Madura\" >2001 \u2013 ICICI Bank Merged with Bank of Madura<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#2000_%E2%80%93_HDFC_Bank_Merged_with_Times_Bank\" >2000 \u2013 HDFC Bank Merged with Times Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Objectives_of_Bank_Mergers_in_India\" >Objectives of Bank Mergers in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Benefits_of_Bank_Mergers\" >Benefits of Bank Mergers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Challenges_of_Bank_Mergers\" >Challenges of Bank Mergers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#Impact_of_Bank_Mergers\" >Impact of Bank Mergers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#PSU_Bank_Merger\" >PSU Bank Merger<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>India\u2019s banking sector has undergone major consolidation over the last three decades. These bank mergers aim to create stronger, technologically advanced, globally competitive banks capable of supporting India\u2019s economic growth, credit expansion, and financial inclusion goals.<\/p>\n\n\n\n<p>From public sector bank (PSB) mergers to large private-bank acquisitions, the Indian banking landscape has consistently evolved to improve efficiency, governance, risk management, and customer service. This complete Bank Merger List (1993 to 2026) is extremely important for aspirants preparing for Bank, SSC, UPSC, Insurance, and other government exams.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bank-merger-news-2026\"><span class=\"ez-toc-section\" id=\"Bank_Merger_News_2026\"><\/span>Bank Merger News 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has once again indicated that another round of public sector bank (PSU) mergers is likely, as part of its long-term plan to build stronger, globally competitive state-run banks. With Budget 2026 approaching, discussions around merging smaller and mid-sized PSU banks into larger anchor banks have gained momentum. The objective is to improve efficiency, reduce financial stress, and strengthen India\u2019s banking system.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/ibps-exam-calendar\/?ref=conttm-calendar\" target=\"_blank\" rel=\"noreferrer noopener\">Read IBPS Calendar 2026-27 Out<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"India_Plans_Merger_of_Union_Bank_of_India_and_Bank_of_India\"><\/span>India Plans Merger of Union Bank of India and Bank of India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India is reportedly planning to merge <strong>Union Bank of India<\/strong> and <strong>Bank of India<\/strong> as part of its ongoing public sector bank consolidation strategy. If implemented, this merger would create the <strong>second-largest state-run bank in the country after the State Bank of India (SBI)<\/strong>, significantly strengthening the combined entity\u2019s balance sheet, branch network, and market reach. The move is aimed at improving operational efficiency, enhancing lending capacity, and building globally competitive public sector banks to support India\u2019s long-term economic growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-the-government-is-planning-more-bank-mergers\"><span class=\"ez-toc-section\" id=\"Why_the_government_is_planning_more_bank_mergers\"><\/span>Why the government is planning more bank mergers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The main aim of PSU bank mergers is to create well-capitalised banks with better lending capacity and improved operational efficiency. Several smaller banks continue to face challenges such as high NPAs, limited growth, and higher costs. Consolidation is seen as a way to address these issues while improving digital services and customer experience.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/test-series\/?ref=conttm-bank\" target=\"_blank\" rel=\"noreferrer noopener\">Take a fREE Bank exam mock test<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-list-of-6-psu-banks-yet-to-be-merged\"><span class=\"ez-toc-section\" id=\"List_of_6_PSU_banks_yet_to_be_merged\"><\/span>List of 6 PSU banks yet to be merged<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per current expectations and reports, the following six public sector banks have not been merged so far and are being closely watched:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Indian Overseas Bank (IOB)<\/li>\n\n\n\n<li>UCO Bank<\/li>\n\n\n\n<li>Bank of India (BoI)<\/li>\n\n\n\n<li>Central Bank of India<\/li>\n\n\n\n<li>Bank of Maharashtra<\/li>\n\n\n\n<li>Punjab &amp; Sind Bank<\/li>\n<\/ul>\n\n\n\n<p>These banks may eventually be merged with larger PSU banks such as SBI, Bank of Baroda, PNB, Canara Bank, or Union Bank of India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Expected Outcomes:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PSB count may reduce from 12 to just 4 major banks.<\/li>\n\n\n\n<li>Customers may receive new IFSC codes, cheque books, and debit cards.<\/li>\n\n\n\n<li>NITI Aayog recommends merging or privatizing small PSBs to create stronger institutions.<\/li>\n\n\n\n<li>Final decisions are likely in FY27 after Cabinet and PMO review.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-it-means-for-bank-customers\"><span class=\"ez-toc-section\" id=\"What_it_means_for_bank_customers\"><\/span>What it means for bank customers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There is no need for customers to panic or take any immediate action.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Deposits are safe<\/strong>: Savings accounts, current accounts, and deposits remain fully protected.<\/li>\n\n\n\n<li><strong>No immediate changes<\/strong>: Existing account numbers, interest rates, FDs, and loan EMIs will continue as per current terms.<\/li>\n\n\n\n<li><strong>Gradual updates<\/strong>: Any changes like IFSC codes or branch integration will be communicated in advance.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-complete-bank-merger-list-in-india-1993-to-2026\"><span class=\"ez-toc-section\" id=\"Complete_Bank_Merger_List_in_India_1993_to_2026\"><\/span>Complete Bank Merger List in India (1993 to 2026)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India has witnessed several key mergers over the last three decades, aimed at strengthening the banking system, improving capital adequacy, and enhancing operational efficiency. The following timeline gives a clear year-wise view of major mergers from 1993 to 2026.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><strong>Acquiring Bank<\/strong><\/strong><\/td><td><strong><strong>Acquired Bank(s)<\/strong><\/strong><\/td><td><strong><strong>Year<\/strong><\/strong><\/td><\/tr><tr><td>Punjab National Bank<\/td><td>New Bank of India<\/td><td>1993<\/td><\/tr><tr><td>Bank of India<\/td><td>Bank of Karad Ltd<\/td><td>1995<\/td><\/tr><tr><td>SBI<\/td><td>Kashinath State Bank<\/td><td>1996<\/td><\/tr><tr><td>OBC<\/td><td>Punjab Co-op Bank<\/td><td>1997<\/td><\/tr><tr><td>OBC<\/td><td>Bari Doab Bank<\/td><td>1999<\/td><\/tr><tr><td>Union Bank of India<\/td><td>Sikkim Bank<\/td><td>1999<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>Bareilly Co-op Bank<\/td><td>1999<\/td><\/tr><tr><td>HDFC Bank<\/td><td>Times Bank<\/td><td>2000<\/td><\/tr><tr><td>ICICI Bank<\/td><td>Bank of Madura<\/td><td>2001<\/td><\/tr><tr><td>ICICI Bank<\/td><td>ICICI Ltd (reverse merger)<\/td><td>2002<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>Banaras State Bank<\/td><td>2002<\/td><\/tr><tr><td>PNB<\/td><td>Nedungadi Bank<\/td><td>2003<\/td><\/tr><tr><td>OBC<\/td><td>Global Trust Bank<\/td><td>2004<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>South Gujarat Local Area Bank<\/td><td>2004<\/td><\/tr><tr><td>Bank of Punjab<\/td><td>Centurion Bank<\/td><td>2005<\/td><\/tr><tr><td>IDBI Bank<\/td><td>United Western Bank<\/td><td>2006<\/td><\/tr><tr><td>Centurion Bank of Punjab<\/td><td>Lord Krishna Bank<\/td><td>2006<\/td><\/tr><tr><td>Indian Overseas Bank<\/td><td>Bharat Overseas Bank<\/td><td>2007<\/td><\/tr><tr><td>ICICI Bank<\/td><td>Sangli Bank<\/td><td>2007<\/td><\/tr><tr><td>HDFC Bank<\/td><td>Centurion Bank of Punjab<\/td><td>2008<\/td><\/tr><tr><td>ICICI Bank<\/td><td>Bank of Rajasthan<\/td><td>2010<\/td><\/tr><tr><td>Kotak Mahindra Bank<\/td><td>ING Vysya Bank<\/td><td>2014<\/td><\/tr><tr><td>SBI<\/td><td>BMB + SBBJ + SBH + SBM + SBP + SBT<\/td><td>2017<\/td><\/tr><tr><td>IDFC Bank<\/td><td>Capital First (IDFC First Bank)<\/td><td>2018<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>Dena Bank &amp; Vijaya Bank<\/td><td>2019<\/td><\/tr><tr><td>PNB<\/td><td>OBC &amp; United Bank<\/td><td>2019<\/td><\/tr><tr><td>Canara Bank<\/td><td>Syndicate Bank<\/td><td>2019<\/td><\/tr><tr><td>Union Bank of India<\/td><td>Andhra Bank &amp; Corporation Bank<\/td><td>2019<\/td><\/tr><tr><td>Indian Bank<\/td><td>Allahabad Bank<\/td><td>2019<\/td><\/tr><tr><td>DBS Bank India<\/td><td>Lakshmi Vilas Bank<\/td><td>2020<\/td><\/tr><tr><td>HDFC Ltd<\/td><td>HDFC Bank<\/td><td>2022, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/free-ebook-pdf-download\/?ref=conttm-bank\" target=\"_blank\" rel=\"noreferrer noopener\">download free E-Books for your exam preparation<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-recent-bank-mergers-in-india\"><span class=\"ez-toc-section\" id=\"Recent_Bank_Mergers_in_India\"><\/span>Recent Bank Mergers in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India\u2019s banking landscape has undergone significant restructuring through a series of major mergers in recent years. These consolidations strengthened financial stability, reduced duplication, and enhanced banks\u2019 operational scale. Below is a quick year-wise summary of the most important mergers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2023-hdfc-ltd-merged-with-hdfc-bank\"><span class=\"ez-toc-section\" id=\"2023_%E2%80%93_HDFC_Ltd_Merged_with_HDFC_Bank\"><\/span>2023 \u2013 HDFC Ltd. Merged with HDFC Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On July 1, 2023, Housing Development Finance Corporation (HDFC) Ltd. merged with HDFC Bank in a landmark $40 billion deal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2022-hdfc-ltd-merged-with-hdfc-bank\"><span class=\"ez-toc-section\" id=\"2022_%E2%80%93_HDFC_Ltd_Merged_with_HDFC_Bank\"><\/span>2022 \u2013 HDFC Ltd. Merged with HDFC Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To further diversify its offerings and strengthen financial operations, Housing Development Finance Corporation (HDFC) Ltd. merged with HDFC Bank.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>: HDFC Ltd. with HDFC Bank<\/li>\n\n\n\n<li><strong>Objective<\/strong>: To integrate housing finance operations with banking services, thus forming a large, diversified financial conglomerate with extensive retail and wholesale capabilities.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2020-major-psu-bank-mergers-initiated-by-the-government\"><span class=\"ez-toc-section\" id=\"2020%E2%80%94Major_PSU_Bank_Mergers_Initiated_by_the_Government\"><\/span>2020\u2014Major PSU Bank Mergers Initiated by the Government<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This marked a landmark consolidation of 10 public sector banks into four anchor banks to improve governance, asset quality, and scalability.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Punjab National Bank (PNB)<\/strong>&nbsp;merged with&nbsp;<strong>Oriental Bank of Commerce<\/strong>&nbsp;and&nbsp;<strong>United Bank of India<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Objective<\/strong>: To make PNB the second-largest PSU bank in India with enhanced financial strength and operational reach.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Canara Bank<\/strong>&nbsp;absorbed&nbsp;<strong>Syndicate Bank<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Objective<\/strong>: To create the fourth-largest public sector bank with complementary geographic reach and cultural alignment.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Union Bank of India<\/strong>&nbsp;merged with&nbsp;<strong>Andhra Bank<\/strong>&nbsp;and&nbsp;<strong>Corporation Bank<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Objective<\/strong>: To enhance scale, increase capital base, and create a more competitive banking entity.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Indian Bank<\/strong>&nbsp;merged with&nbsp;<strong>Allahabad Bank<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Objective<\/strong>: To form a strong entity with better provisioning coverage, asset quality, and extensive outreach.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>DBS Bank India<\/strong>&nbsp;merged with&nbsp;<strong>Lakshmi Vilas Bank<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Objective<\/strong>: To protect depositors of the struggling Lakshmi Vilas Bank and expand DBS\u2019s footprint in India.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>Following these mergers, the number of public sector banks in India was reduced to&nbsp;<strong>12<\/strong>, with six anchor banks and six continuing as independent entities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2019-merger-of-bank-of-baroda-dena-bank-and-vijaya-bank\"><span class=\"ez-toc-section\" id=\"2019%E2%80%94Merger_of_Bank_of_Baroda_Dena_Bank_and_Vijaya_Bank\"><\/span>2019\u2014Merger of Bank of Baroda, Dena Bank, and Vijaya Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This was India\u2019s first three-way bank merger, making Bank of Baroda the third-largest PSU bank at the time.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>: Dena Bank and Vijaya Bank with Bank of Baroda<\/li>\n\n\n\n<li><strong>Objective<\/strong>: To combine complementary strengths, streamline operations, and expand the customer base across regions.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/previous-year-papers\/?ref=conttm-bank\" target=\"_blank\" rel=\"noreferrer noopener\">Solve previous year bank exam papers to ace your preparation<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2018-idfc-bank-merged-with-capital-first\"><span class=\"ez-toc-section\" id=\"2018_%E2%80%93_IDFC_Bank_Merged_with_Capital_First\"><\/span>2018 \u2013 IDFC Bank Merged with Capital First<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To increase its presence in retail banking, IDFC Bank merged with a non-banking financial company, Capital First.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>: IDFC Bank and Capital First formed&nbsp;<strong>IDFC First Bank<\/strong><\/li>\n\n\n\n<li><strong>Objective<\/strong>: To leverage Capital First\u2019s retail lending expertise and IDFC\u2019s infrastructure to enhance financial inclusion.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2017-merger-of-sbi-with-its-associates-and-bharatiya-mahila-bank\"><span class=\"ez-toc-section\" id=\"2017_%E2%80%93_Merger_of_SBI_with_Its_Associates_and_Bharatiya_Mahila_Bank\"><\/span>2017 \u2013 Merger of SBI with Its Associates and Bharatiya Mahila Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A major step in consolidating India\u2019s largest bank, SBI merged with its associate banks and Bharatiya Mahila Bank.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>:\n<ul class=\"wp-block-list\">\n<li>State Bank of Bikaner and Jaipur<\/li>\n\n\n\n<li>State Bank of Hyderabad<\/li>\n\n\n\n<li>State Bank of Mysore<\/li>\n\n\n\n<li>State Bank of Patiala<\/li>\n\n\n\n<li>State Bank of Travancore<\/li>\n\n\n\n<li>Bharatiya Mahila Bank<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Objective<\/strong>: To enhance SBI\u2019s global competitiveness, expand its footprint, and reduce operational duplication, thus positioning it among the world\u2019s top 50 banks by assets.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2015-kotak-mahindra-bank-merged-with-ing-vysya-bank\"><span class=\"ez-toc-section\" id=\"2015_%E2%80%93_Kotak_Mahindra_Bank_Merged_with_ING_Vysya_Bank\"><\/span>2015 \u2013 Kotak Mahindra Bank Merged with ING Vysya Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To strengthen its position and scale, Kotak Mahindra Bank merged with ING Vysya Bank in one of the largest private sector bank mergers.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>: ING Vysya Bank with Kotak Mahindra Bank<\/li>\n\n\n\n<li><strong>Objective<\/strong>: To expand geographical presence, customer base, and product offerings while integrating operations effectively.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2001-icici-bank-merged-with-bank-of-madura\"><span class=\"ez-toc-section\" id=\"2001_%E2%80%93_ICICI_Bank_Merged_with_Bank_of_Madura\"><\/span>2001 \u2013 ICICI Bank Merged with Bank of Madura<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This early merger helped ICICI Bank rapidly expand its presence in South India and improve its retail portfolio.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>: Bank of Madura with ICICI Bank<\/li>\n\n\n\n<li><strong>Objective<\/strong>: To strengthen ICICI\u2019s footprint in southern regions and increase retail and SME banking capabilities.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2000-hdfc-bank-merged-with-times-bank\"><span class=\"ez-toc-section\" id=\"2000_%E2%80%93_HDFC_Bank_Merged_with_Times_Bank\"><\/span>2000 \u2013 HDFC Bank Merged with Times Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India\u2019s first voluntary bank merger, this set the tone for future consolidations in the sector.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merged Entities<\/strong>: Times Bank with HDFC Bank<\/li>\n\n\n\n<li><strong>Objective<\/strong>: To expand HDFC Bank\u2019s branch network, customer base, and operational scale.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Objectives_of_Bank_Mergers_in_India\"><\/span>Objectives of Bank Mergers in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bank mergers are executed to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increase financial strength and capital base<\/li>\n\n\n\n<li>Reduce NPAs via pooled assets and governance<\/li>\n\n\n\n<li>Improve efficiency by reducing duplicate branches<\/li>\n\n\n\n<li>Strengthen global competitiveness<\/li>\n\n\n\n<li>Expand reach to rural and semi-urban areas<\/li>\n\n\n\n<li>Enhance digital and technological integration<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_Bank_Mergers\"><\/span>Benefits of Bank Mergers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bank mergers provide several structural advantages that help institutions operate more efficiently and competitively. They enhance a bank\u2019s ability to scale, improve service delivery, and build financial resilience. Below are some of the key benefits:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Improved operational efficiency through shared systems, reduced duplication, and integrated management.<\/li>\n\n\n\n<li>Higher credit capacity as stronger capital bases support large infrastructure and corporate lending.<\/li>\n\n\n\n<li>Better risk diversification with a wider loan portfolio and more stable asset quality.<\/li>\n\n\n\n<li>Enhanced global competitiveness as larger banks can operate at international standards.<\/li>\n\n\n\n<li>Reduction in NPAs through stronger governance and better monitoring mechanisms.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/courses\/?ref=conttm-bank\" target=\"_blank\" rel=\"noreferrer noopener\">Prepare for bank exam with expert guidance<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_of_Bank_Mergers\"><\/span>Challenges of Bank Mergers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Despite their advantages, bank mergers come with several operational and managerial challenges. These issues need strategic handling to prevent disruptions and ensure a smooth transition. Key challenges include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cultural integration difficulties where different work environments require time to align.<\/li>\n\n\n\n<li>Complex core banking and technology synchronization that may temporarily impact services.<\/li>\n\n\n\n<li>HR-related challenges such as redeployment, surplus staff handling, and retraining requirements.<\/li>\n\n\n\n<li>Temporary impact on customer service during account migration and system updates.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_of_Bank_Mergers\"><\/span>Impact of Bank Mergers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bank mergers significantly influence the functioning and performance of the banking sector.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Improved capital base enhances credit flow to priority sectors.<\/li>\n\n\n\n<li>Reduced operational costs through branch rationalization and process integration.<\/li>\n\n\n\n<li>Wider adoption of technology improves service quality and turnaround time.<\/li>\n\n\n\n<li>Greater risk diversification stabilizes financial performance.<\/li>\n\n\n\n<li>Short-term transitional challenges may include IT migration, staff alignment, and customer updates.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PSU_Bank_Merger\"><\/span>PSU Bank Merger<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Public Sector Bank mergers were introduced to create fewer but stronger government-owned banks with better financial stability. These consolidations helped reduce NPAs, improve capital adequacy, and streamline operations.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Major PSU mergers included PNB with OBC &amp; UBI, Canara with Syndicate, and Indian Bank with Allahabad Bank.<\/li>\n\n\n\n<li>The total number of PSBs reduced drastically from 27 to just 12.<\/li>\n\n\n\n<li>The goal was to create large, technology-driven banks capable of supporting India\u2019s credit demand and economic growth.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Q1: What is the latest update on bank mergers in India for 2026?<br><\/strong>A1: The government has clarified that no new PSU bank mergers will take place, and the focus will be on organic growth, technology upgrades, and stronger governance.<\/p>\n\n\n\n<p><strong>Q2: Why does the government merge public sector banks?<br><\/strong>A2: PSU banks are merged to strengthen financial stability, increase capital, reduce duplication, and improve overall operational efficiency.<\/p>\n\n\n\n<p><strong>Q3: Will customers get new IFSC codes after a bank merger?<br><\/strong>A3: Yes, after a merger, customers may receive new IFSC codes, cheque books, debit cards, and account updates.<\/p>\n\n\n\n<p><strong>Q4: How do bank mergers improve credit flow in the economy?<br><\/strong>A4: Larger merged banks have stronger capital bases, allowing them to lend more to MSMEs, agriculture, and infrastructure sectors.<\/p>\n\n\n\n<p><strong>Q5: Are only public sector banks merged in India?<br><\/strong>A5: No, private banks also undergo mergers. Examples include HDFC Bank with HDFC Ltd and Kotak Mahindra Bank with ING Vysya Bank.<\/p>\n\n\n\n<p><strong>Q6: How did SBI become one of the world\u2019s top 50 banks?<br><\/strong>A6: SBI entered the global top 50 after merging with its associate banks and Bharatiya Mahila Bank in 2017.<\/p>\n\n\n\n<p><strong>Q7: How many public sector banks are there in India after recent mergers?<br><\/strong>A7: After the 2020 mega mergers, the number of PSBs reduced from 27 to 12.<\/p>\n\n\n\n<p><strong>Q8: What was the impact of the HDFC Ltd\u2013HDFC Bank merger?<br><\/strong>A8: The merger created one of India\u2019s largest financial groups, strengthening housing finance, retail banking, and capital operations.<\/p>\n\n\n\n<p><strong>Q9: Do mergers affect banking services for customers?<br><\/strong>A9: Yes, customers may face temporary disruptions during system integration and digital platform updates.<\/p>\n\n\n\n<p><strong>Q10: Do merged banks offer better digital services?<br><\/strong>A10: Yes, merged banks generally upgrade their mobile banking, online banking, and cybersecurity systems.<\/p>\n\n\n\n<p><strong>Q11: How do mergers reduce operational costs for banks?<br><\/strong>A11: Mergers eliminate duplicate branches, unify operations, and streamline management, reducing overhead expenses.<\/p>\n\n\n\n<p><strong>Q12: Why are smaller PSBs recommended for mergers or privatization?<br><\/strong>A12: Smaller PSBs with low capital or high NPAs are often recommended for consolidation to improve financial stability.<\/p>\n\n\n\n<p><strong>Q13: Why did DBS Bank India acquire Lakshmi Vilas Bank?<br><\/strong>A13: DBS acquired LVB in 2020 to protect depositors and stabilize the financially distressed bank.<\/p>\n\n\n\n<p><strong>Q14: How do bank mergers help Indian banks expand globally?<br><\/strong>A14: Mergers create large, capital-strong banks capable of competing internationally and adopting advanced technologies.<\/p>\n\n\n\n<p><strong>Q15: When will the next round of bank mergers take place?<br><\/strong>A15: No timeline has been finalized. Discussions suggest possible decisions in FY27 after Cabinet and PMO review.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/error-spotting\/\">Error Spotting in English Types, Short Tricks, and Tips<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-apprentice-salary\/\">Union Bank Apprentice Salary 2026, Stipend and Job Profile Details<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-apprentice-syllabus\/\">Union Bank Apprentice Syllabus 2026 &amp; Exam Pattern<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-apprentice-recruitment\/\">Union Bank Apprentice Recruitment 2026, Apply 1865 Posts<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\">Bank Mergers List in India, 1993 to 2026, Latest Updates<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/nicl-assistant-vs-ibps-po-mains\/\">NICL Assistant Mains vs IBPS PO Mains 2026: Detailed Comparison<\/a><\/li>\n<\/ul>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s banking sector has undergone major consolidation over the last three decades. These bank mergers aim to create stronger, technologically<\/p>\n","protected":false},"author":60,"featured_media":232907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,31,5221,2586,320],"tags":[10795,17627],"class_list":["post-45240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-bank-exams","category-homepage-featured","category-notes","category-rbi-grade-b","tag-bank-merger-list","tag-bank-merger-list-in-india-2025","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank Mergers List in India, 1993 to 2026, Latest Updates<\/title>\n<meta name=\"description\" content=\"Bank Merger List 1993 to 2026 with year-wise updates, recent PSU mergers, objectives, benefits, challenges, and the latest bank merger news.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank Mergers List in India, 1993 to 2026, Latest Updates\" \/>\n<meta property=\"og:description\" content=\"India\u2019s banking sector has undergone major consolidation over the last three decades. These bank mergers aim to create stronger, technologically advanced,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-28T14:10:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-29T02:11:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/11\/Bank-Mergers-List-in-India.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tripti Mishra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tripti Mishra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\"},\"author\":{\"name\":\"Tripti Mishra\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5\"},\"headline\":\"Bank Mergers List in India, 1993 to 2026, Latest Updates\",\"datePublished\":\"2026-04-28T14:10:00+00:00\",\"dateModified\":\"2026-04-29T02:11:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\"},\"wordCount\":2171,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/11\/Bank-Mergers-List-in-India.webp\",\"keywords\":[\"bank merger list\",\"bank-merger-list-in-india-2025\"],\"articleSection\":[\"Articles\",\"Bank Exams\",\"Homepage Featured\",\"Notes\",\"RBI Grade B\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\",\"name\":\"Bank Mergers List in India, 1993 to 2026, Latest Updates\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/11\/Bank-Mergers-List-in-India.webp\",\"datePublished\":\"2026-04-28T14:10:00+00:00\",\"dateModified\":\"2026-04-29T02:11:07+00:00\",\"description\":\"Bank Merger List 1993 to 2026 with year-wise updates, recent PSU mergers, objectives, benefits, challenges, and the latest bank merger news.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#primaryimage\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/11\/Bank-Mergers-List-in-India.webp\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/11\/Bank-Mergers-List-in-India.webp\",\"width\":730,\"height\":480,\"caption\":\"Bank Mergers\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-merger-list\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Articles\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/articles\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Bank Merger List\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"name\":\"Oliveboard\",\"description\":\"Free Govt. 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