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Now in India some bank continuously facing big lose . As a result it also raised economical problem upon the country. To overcome to this situation Govt. Of India is going to merge Four nationalized Bank. Government also started preparation to merge these Bank.
If government granted to merge these four Bank, Then it will become the second largest Bank after State Bank Of India. Govt. think that many economical problem may be solved after merging these four Bank’s.
And the name of these four Bank’s are IDBI Bank, Central Bank, Bank of Baroda and Oriental Bank of Commerce. Govt. also said that after merging these 4 banks the overall net worth of these bank becoming 16.58 lakhs core.