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Merging PSBs can continue their existing bancassurance partnerships for a year:IRDAI

Punjab National Bank (PNB) has absorbed Oriental Bank of Commerce and United Bank — which makes it India’s second-largest bank after State Bank of India (SBI).Similarly, Syndicate Bank merges with Canara Bank, Union Bank of India absorbs both Andhra Bank and Corporation Bank. Indian Bank and Allahabad Bank’s merger also comes into effect from April 1

Caronavirus Pandemic:India cases rise to 5,360; death toll at 164

The total number of coronavirus cases in India today hit the 5,000 mark, according to the latest figures from the Health Ministry. With 1,018 cases, Maharashtra was the worst hit state, followed by Tamil Nadu at 690 and Delhi at 576, Telangana at Telangana 364 and Kerala at 336 India

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