Definition of central bank

Central bank is that bank in which the only power of issued currency notes. It can issued the notes on the authority and behalf of the government. It is the controller and guardian of the money market. It is the last lender of the money resort. As customer deal with the commercial bank, only commercial bank deal with the central bank . customer are not directly deal with the RBI (central bank). It can raised and reduced the money in the market at any time.

Recent Merger In Bank

merger means when two or more company combined with each other and either make a single entity or one company lose its entity and other company continued his business. Typically we can say that, the larger of the two companies is the company whose identity is maintained. Differs from a consolidation in that no new entity is created from a merger. e.g.: SBI and State Bank of Indore

Merge Of Bank Between the 1991-2005

Merger means when two or more company combined with each other and either make a single entity or one company lose its entity and other company continued his business.  Horizontal merger - Two companies that are in direct competition and share the same product lines and markets. Vertical merger - A customer and company or a supplier and company. Think of a cone supplier merging with an ice cream maker. E.g: Bank of Karad ltd with Bank of India is an example of merge of bank.