29 Oct 2025 | 3 Mins Read
Government Considers Union Bank, Bank of India Merger
Flipitmoney
The Indian government plans to merge Union Bank of India and Bank of India, creating the country's second-largest state-run bank, with Rs 25.67 trillion in assets, surpassing Bank of Baroda's Rs 18.62 trillion. The merged entity will rank fourth in assets after SBI, HDFC Bank Limited, and ICICI Bank.