List of Mergers & Acquisitions of Bank in India

Hello Aspirants,

We are providing here with some important list of bank mergers and acquisitions in India. These list will help you in upcoming IBPS, SSC and other competitive exams.

Banking Notes - Mergers and Acquisitions

Merger is nothing but amalgamation of two groups into single entity. Merger is a process of combining two business entities under the common ownership. Usually merger occurs when an independent bank loses its charter and becomes a part of an existing bank with.

In 1960s, the Indian banking industry had turned into an efficient tool to facilitate the development of the Indian economy. At the same time, it had emerged as a large employer, and a debate had ensued about the nationalization of the banking industry.

In 1969 the Prime Minister Indira Gandhi initiated the process of nationalization of banks. Since then a number of mergers have taken place.

Click here to attend of Mergers & Acquisitions questions

From 2010 to 2017
Name of the Banks Acquired  Name of the Banks got Merged Year of Merging happened
State Bank of India Bharatiya Mahila Bank (BMB) 2017
State Bank of India State Bank of Travancore (SBT) 2017
State Bank of India State Bank of Bikaner and Jaipur (SBBJ) 2017
State Bank of India State Bank of Hyderabad (SBH) 2017
State Bank of India State Bank of Mysore (SBM) 2017
State Bank of India State Bank of Patiala (SBP) 2017
Kotak Mahindra Bank ING Vyasa Bank 2014
ICICI Bank Bank of Rajasthan Ltd. 2010

 

From 2000 to 2009
Name of the Banks Acquired Name of the Banks got Merged Year of Merging happened
HDFC Bank Centurion Bank of Punjab 2008
ICICI Bank Ltd Sangli Bank 2007
Indian Overseas Bank Bharat Overseas Bank 2007
Centurion Bank of Punjab Lord Krishna Bank 2006
Federal Bank Ganesh Bank of Kurandwad 2006
 Nainital Bank Bank of Baroda 2006
IDBI Ltd United Western Bank 2006
IDBI Ltd IDBI Bank 2005
Bank of Punjab(POB) Centurion Bank 2005
Bank of Baroda South Gujarat Local Area Bank 2004
Oriental Bank of Commerce Global Trust Bank 2004
Punjab National Bank Nedungadi Bank Ltd. 2003
ICICI Bank ICICI Ltd. 2002
Bank of Baroda Benares State Bank Ltd. 2002
ICICI Bank Ltd Bank of Madura Ltd 2001
HDFC Bank Ltd. Times Bank Ltd. 2000

 

From 1990 to 1999
Name of the Banks Acquired Name of the Banks got Merged Year of Merging happened
Bank of Baroda Bareilly Corporation Bank Ltd. 1999
Union Bank of India Sikkim Bank Ltd. 1999
Oriental Bank of Commerce Bari Doab Bank Ltd. 1997
Oriental Bank of Commerce Punjab Co-operative Bank Ltd. 1996
State Bank of India Kashinath State Bank Ltd 1995
Bank of India Bank of Karad Ltd. 1994
Punjab National Bank New Bank of India 1993
 Bank Of India Parur Central Bank Ltd. 1990
Central Bank Of India  Purbanchal Bank Ltd. 1990
Indian Bank Bank of Thanjavur Ltd. 1990
Indian Overseas Bank Bank of Tamilnadu Ltd 1990

 

Before 1990
Name of the Banks Acquired Name of the Banks got Merged Year of Merging happened
Allahabad Bank United Industrial Bank Limited 1989
Bank of Baroda Traders Bank Ltd 1988
Punjab National Bank Hindustan Commercial Bank Ltd 1986
State Bank of India Bank of Cochin Ltd 1985
Canara Bank Lakshmi Commercial Bank Ltd 1985
Union Bank of India Miraj State Bank Ltd 1985
State Bank of India National Bank of Lahore Ltd 1970
State Bank of India Bank of Bihar Ltd 1969
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