.........Although the government is yet to receive any formal proposal with regard to bank mergers, the Bombay-based United Bank of India, Dena Bank and Bangalore-based Syndicate Bank make a case for losing their individual entity. “UBI is a weak bank. There a list of another weak banks too. Syndicate Bank could be another. There is Dena Bank also. They need to be merged but we still do not know who could be the possible candidate for take over,” the official told Deccan Herald. ............
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