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Bare acts > Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 > Second Schedule
 
  


 

SECOND SCHEDULE
(Section 6)

Name of existing bank Amount of compensation
(in lakhs of rupees)

The Central Bank of India Limited 1,750
The Bank of India Limited 1,470
The Punjab National Bank Limited 1,020
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

 

 

 

 

 

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