Is the Union Bank of India merger confirmed?

No. It is not officially confirmed. Media reports say due diligence has begun under the government’s Merger 2.0 banks plan. Investors should wait for formal announcements from the government, RBI, and both boards. Until then, the news is a catalyst but not a final decision, so prices can swing on updates.

What could be the size of the combined bank?

Reports suggest a combined balance sheet of about ₹25 lakh crore, which would place the entity among India’s largest PSBs. Exact figures will depend on the merger date, balance sheet growth, and how assets and liabilities are aligned. Official documents will provide final numbers if the proposal proceeds.

How might the merger affect shareholders of both banks?

Impact will depend on the swap ratio, cost savings, and integration quality. A fair ratio and credible synergy plan can support valuations. Delays, IT challenges, or higher credit costs could offset benefits. In the near term, sentiment may drive moves. Over time, ROE and asset quality will matter most.

What near-term events should investors track?

Watch the Union Budget for consolidation and capital support cues. Look for any official timeline on the Union Bank of India merger. Monitor Q4 updates and results in early May 2026. Also track asset quality trends, CASA growth, and management commentary on integration, costs, and potential branch rationalisation.

Global Market Insights

UNIONBANK.NS Stock Today: Bank of India Merger Due Diligence – February 1

ByHuzaifa Zahoor February 1, 2026February 1, 2026

The Union Bank of India merger with Bank of India is in focus today as reports point to due diligence under the government’s Merger 2.0 banks push. Investors want clarity on timing and policy cues from the Union Budget on 1 February. As of 30 January, UNIONBANK.NS closed at ₹180.76 and BANKINDIA.NS at ₹164.10, both near 52-week highs. A combined lender could approach ~₹25 lakh crore in assets, making it among the largest PSBs. We break down market setup, deal math, timelines, and practical takeaways.