INSUBCONTINENT EXCLUSIVE:
social media messages as "mischievous" saying the government was in process of strengthening public sector banks by infusing capital in
messages are being circulated a day after the RBI placed restrictions on withdrawals in the crippled Punjab - Maharashtra Cooperative (PMC)
or are in the process of being merged
of India will be merged with Punjab National Bank, while Syndicate Bank will become part of Canara Bank
merged Dena Bank and Vijaya Bank with Bank of Baroda
Also, the IDBI Bank was taken over the public sector insurance behemoth LIC
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