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 MergedYear of Merging happened
State Bank of IndiaBharatiya Mahila Bank (BMB)2017
State Bank of IndiaState Bank of Travancore (SBT)2017
State Bank of IndiaState Bank of Bikaner and Jaipur (SBBJ)2017
State Bank of IndiaState Bank of Hyderabad (SBH)2017
State Bank of IndiaState Bank of Mysore (SBM)2017
State Bank of IndiaState Bank of Patiala (SBP)2017
Kotak Mahindra BankING Vyasa Bank2014
ICICI BankBank of Rajasthan Ltd.2010

 

From 2000 to 2009
Name of the Banks AcquiredName of the Banks got MergedYear of Merging happened
HDFC BankCenturion Bank of Punjab2008
ICICI Bank LtdSangli Bank2007
Indian Overseas BankBharat Overseas Bank2007
Centurion Bank of PunjabLord Krishna Bank2006
Federal BankGanesh Bank of Kurandwad2006
 Nainital BankBank of Baroda2006
IDBI LtdUnited Western Bank2006
IDBI LtdIDBI Bank2005
Bank of Punjab(POB)Centurion Bank2005
Bank of BarodaSouth Gujarat Local Area Bank2004
Oriental Bank of CommerceGlobal Trust Bank2004
Punjab National BankNedungadi Bank Ltd.2003
ICICI BankICICI Ltd.2002
Bank of BarodaBenares State Bank Ltd.2002
ICICI Bank LtdBank of Madura Ltd2001
HDFC Bank Ltd.Times Bank Ltd.2000

 

From 1990 to 1999
Name of the Banks AcquiredName of the Banks got MergedYear of Merging happened
Bank of BarodaBareilly Corporation Bank Ltd.1999
Union Bank of IndiaSikkim Bank Ltd.1999
Oriental Bank of CommerceBari Doab Bank Ltd.1997
Oriental Bank of CommercePunjab Co-operative Bank Ltd.1996
State Bank of IndiaKashinath State Bank Ltd1995
Bank of IndiaBank of Karad Ltd.1994
Punjab National BankNew Bank of India1993
 Bank Of IndiaParur Central Bank Ltd.1990
Central Bank Of India Purbanchal Bank Ltd.1990
Indian BankBank of Thanjavur Ltd.1990
Indian Overseas BankBank of Tamilnadu Ltd1990

 

Before 1990
Name of the Banks AcquiredName of the Banks got MergedYear of Merging happened
Allahabad BankUnited Industrial Bank Limited1989
Bank of BarodaTraders Bank Ltd1988
Punjab National BankHindustan Commercial Bank Ltd1986
State Bank of IndiaBank of Cochin Ltd1985
Canara BankLakshmi Commercial Bank Ltd1985
Union Bank of IndiaMiraj State Bank Ltd1985
State Bank of IndiaNational Bank of Lahore Ltd1970
State Bank of IndiaBank of Bihar Ltd1969
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