Dena bank was merged with which public sector bank?

Correct option is D

Correct Answer is (D) Bank of Baroda

Explanation:

Dena Bank was merged with Bank of Baroda along with Vijaya Bank on April 1, 2019. This was part of the Indian government's banking sector consolidation strategy to create stronger and more efficient public sector banks. After the merger:

• Bank of Baroda became the third-largest public sector bank in India, after SBI and PNB.
• Customers of Dena Bank and Vijaya Bank were transitioned to Bank of Baroda with the same account details.
• The merger aimed to improve capital efficiency, customer reach, and digital banking services.

Additional Knowledge:

• State Bank of India : Merged with five associate banks and Bharatiya Mahila Bank in 2017.
• Indian Bank : Merged with Allahabad Bank in 2020.
• Punjab National Bank : Merged with Oriental Bank of Commerce and United Bank of India in 2020.