With effect from 1 April 2019, which of the following banks stands merged with the Bank of Baroda?
- AOption (a)
Oriental Bank of Commerce
- BOption (b)
United Bank of India
- COption (c)
Bank of Maharashtra
- DOption (d)
Dena Bank
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Correct answer
Dena Bank
Why this answer is correct
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.


















