Punjab National Bank (BSE:532461) said its board of directors will meet on September 05, 2019 to consider the lender's merger with Oriental Bank of Commerce (BSE:500315) and United Bank of India (BSE:533171). In a BSE filing, Punjab National Bank said "the meeting of board of directors of the bank is scheduled to be held on September 05, 2019" for considering some key agenda. The board will meet to "consider the amalgamation of the Oriental Bank of Commerce and United Bank of India into Punjab National Bank", the statement said.

In a stock exchange filing, it said "a meeting of the Board of Directors of the Bank to consider the amalgamation will be convened by the Bank in due course".