The alternative mechanism headed by the Union Finance Minister Arun Jaitly, has taken a decision in September - 2018 to amalgamate the following banks.

A

Punjab National Bank, Vijaya Bank and Indian Overseas Bank

B

Dena Bank, Punjab National Bank and Canara Bank

C

Bank of Baroda, Punjab National Bank and Vijaya Bank

D

Bank of Baroda, Dena Bank and Vijaya Bank