RBI approves amalgamation of 10 public sector banks from April 1, 2020

The Reserve Bank of India has approved the amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank, Syndicate Bank into Canara Bank, Andhra Bank and Corporation Bank into Union Bank of India and Allahabad Bank into Indian Bank.The scheme will come into force with effect from April 1, 2020.

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Hi guys, For those making year end entries in tally and those having huge volume of entries carrying some frequencies (daily/weekly/month...