The government recently proposed the merger of which of three banks for the purpose of creating the country's third-biggest lender?

Options

A. Punjab National Bank, Vijaya Bank and Dena Bank
B. Bank of Baroda, Vijaya Bank and IDBI bank
C. bank of baroda, vijaya bank and dena bank
D. bank of baroda, vijaya bank and punjab bank

Answer

D

Explanation

The aim was creating the country's third-biggest lender. Thai’s seen as preparing the ground for consolidation among the remaining 17 state-owned lenders that have been a drain on the excheque