Wednesday, 2 January 2019

Pay attention to customer! If there is an account in BOB, Dena Bank, Vijaya Bank, now this work is necessary

Pay attention to customer! If there is an account in BOB, Dena Bank, Vijaya Bank, now this work is necessary

The government is trying to bring the banks out of their strength to reduce the NPA and provide loans to banks. Under this system, the government has announced the merger of three government banks. In the coming days, the name of the bank will be changed on your ATM and check book, where your account is. This has been done even before, at that time SBI had merged 7 banks.

Dena and Vijaya Bank merger will be merged in Bank of Baroda. After the annulment, the total business of Bank of Baroda will be Rs 14.82 lakh crore, making it the country's third largest bank

The end of this financial year can be improved, says Arjun Jaitley, "We do not want to merge poor banks with this merger but want to build sustainable loading capacity." However, the time for the merger is not yet decided, but there is a hope of being by the end of the financial year.

Deposit money - This process will not affect your bank deposit and it will be safe. Because, such a merger has already happened before.

ATMs and passbooks will be updated - After this merger, the bank's customers' paperwork increases. For this, the KYC process has to be redone. With ATM, the passbook is updated again.

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