The season of bank mergers is going on and looking at the trend; this term surely fits the bill. The finance ministry of India is on a bank merger spree. It is amalgamating several small and mid-size banks into one major bank. According to this plan, the number of public sector banks that were 27 in numbers will be reduced to 12 after the merger process is complete. The current plan includes four major mergers of banks of the public sector undertaking. The Oriental Bank of Commerce (OBC) and the United Bank of India (UBI) will be merged into the Punjab National Bank (PNB). After this move, Punjab National Bank will become the second-largest PSU bank right after the State Bank of India. In the second amalgamation plan, Syndicate bank will become a part of Canara bank, whereas Andhra Bank and Corporation Bank shall be merged with Union Bank of India. Allahabad Bank shall be merged with Indian bank which will make it the seventh-largest state-owned bank in India. Howe