_*Public Sector Banks (PSBs) are being reorganized into three major bank groups as per the new plan announced by the Government of India and the RBI.*_
Updated Bank Groups:
*SBI Group*:
SBI + Bank of Maharashtra + UCO Bank + Punjab & Sind Bank
*Canara Bank Group*:
Canara Bank + Union Bank of India + Indian Bank + Bank of India
*PNB Group*:
PNB + Bank of Baroda + Central Bank of India + Indian Overseas Bank
_*This PSB restructuring plan is expected to be implemented soon by the Government of India and the RBI. This is for information.
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