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How the PSU bank merger that comes into force on April 1 will impact you

Change is inevitable. And this seems to be true for customers of eight banks--Vijaya Bank, Corporation Bank, Andhra Bank, Syndicate Bank, Oriental Bank of Commerce, United Bank of India, Allahabad Bank and Dena Bank--whose merger comes into force on April 1. If you are a customer of any of these banks, there are a few things you should know, and some action you should take, as cheque books, cards, Indian Financial System Code (IFSC) and Magnetic Ink Character Recognition Code (MICR) change.   Chequebooks: Your first step will be to gather your old cheque books and passbooks of .....

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