The government is planning to merge four banks which had reported a combined loss of Rs 21.646.38 core in the year ended 31 March 2019. Name these banks.

Options

A. bank of baroda, bank of india, oriental bank of commerce and indian bank
B. Punjab National bank, IDBI bank, Indian overseas bank and central bank
C. Union Bank of India, IDBI bank, Oriental bank of Commerce and United Bank of India
D. Bank of Baroda, IDBI bank, Oriental bank of commerce and central bank of india

Answer

D

Explanation

As per a report, the government is planning to merge Bank of Baroda, IDBI Bank, Oriental Bank of Commerce and Central Bank of India. These four banks had reported a combined Ioss of Rs, 21,646.38 crore In the year ended 31 March 2018.