Which of the following banks became the third largest Bank in India in April 2019?

Question

Question

This question was previously asked in

RRB JE Previous Paper 1 (Held On: 22 May 2019 Shift 2)

Answer 1

Bank of Baroda became the third largest Bank in India in April 2019.

Dena Bank and Vijaya Bank amalgamated into it.
The three-way merger was approved on January 02, 2019 and became effective from April 1 2019.
All branches of the Dena Bank and Vijaya Bank now function as branches of BoB.
Customers, including depositors of Vijaya Bank and Dena Bank have been treated as customers of Bank of Baroda with effect from April 1, 2019.
The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the Princely State of Baroda, in Gujarat.
Headquarters of BOB is in Vadodara, Gujarat.