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Civil services chronicleonline The amalgamation will be the first-ever three-way consoli¬dation of banks in India, with the amalgamated bank being India's second largest Public Sector Bank. ias questions The amalgamation will help create a strong globally com¬petitive bank with economies of scale and enable realisation of wide-ranging synergies. upsc preparation Leveraging of networks, low-cost deposits and subsidiaries of the three banks has the potential of yielding significant synergies Civilservices chronicle online for positioning the consolidated entity for sub¬stantial rise in customer base, market reach, operational efficiency, wider bouquet of products and services, and improved access for customers ias questions

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