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The following eight banks have been merged / amalgamated with the bigger public sector banks (Anchor banks).
Sr. No.
Amalgamating Banks
Anchor Banks
1
Dena Bank
Bank Of Baroda
2
Vijaya Bank
3
Corporation Bank
Union Bank Of India
4
Andhra Bank
5
Oriental Bank Of Commerce
Punjab National Bank
6
United Bank Of India
7
Syndicate Bank
Canara Bank
8
Allahabad...
Salient features of Debt due to Banks and Financial Institutions Act, 1993:-
Expeditious adjudication and recovery of Debts: The object of the Act is expeditious adjudication and recovery of debts due to banks and financial institutions and to deal...
The Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974, provides for preventive detention in certain cases for the purposes of conservation and augmentation of Foreign Exchange and prevention of smuggling activities and for matters connected therewith.
Violations...
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