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Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

THE SECOND SCHEDULE

(See section 6)

Name of the existing Bank

Amount of compensation(in lakhs of rupees)

The Central Bank of India

1750

The Bank of India

1470

The Punjab National Bank Limited

1920

The Bank of Baroda Limited

840

The United Commercial Bank Limited

830

Canara Bank Limited

360

United Bank of India Limited

420

Dena Bank Limited

360

Syndicate Bank Limited

360

The Union Bank of India Limited

310

Allahabad Bank Limited

310

The Indian Bank Limited

230

The Bank of Maharashtra Limited

230

The Indian Overseas Bank Limited

250



Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Back




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