Impact
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