From April 1, 2021 customers of eight banks that have been merged with five different banks can’t use the cheque books, IFSC and other details of their old banks. The mergers will be of – Corporation Bank and Andhra Bank with Union Bank of India, Oriental Bank of Commerce and United Bank of India with Punjab National Bank, Syndicate Bank with Canara Bank, Allahabad Bank with Indian Bank and Dena Bank and Vijaya Bank with Bank of Baroda.
Where do HNIs in India prefer to invest these days?
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