With effect from 1 April 2019, which of the following banks stands merged with the Bank of Baroda?
- ((a))
Oriental Bank of Commerce
- ((b))
United Bank of India
- ((c))
Bank of Maharashtra
- ((d))
Dena Bank
Show Answer
Dena Bank
The correct answer is Dena Bank

Key Points
- Dena Bank merged with the Bank of Baroda with effect from 1 April 2019.
- This merger was part of the Indian government's strategy to consolidate the banking sector and create stronger and more resilient banks.
- Along with Dena Bank, Vijaya Bank also merged with Bank of Baroda at the same time.
- The merger aimed to improve operational efficiency, customer service, and financial inclusion.

Additional Information
- The merger of Dena Bank and Vijaya Bank with Bank of Baroda was approved by the Union Cabinet in January 2019.
- This was the first-ever three-way merger in the Indian banking sector.
- The amalgamated entity became the third-largest bank in India, after State Bank of India and ICICI Bank.
- The merger was expected to result in better economies of scale and enhanced customer reach.














































