Let me also take this opportunity to point out that all the attempts made for merger of banks do not necessarily result in a successful outcome. There has been an instance where despite the process of merger having progressed quite a bit, it did not eventually fructify.
The case of the attempted merger of the then UTI Bank and the erstwhile Global trust Bank can be cited in this regard. While the scheme of voluntary amalgamation of the two banks had been submitted to the RBI for approval, the approval was kept on hold pending the completion of the SEBI investigations.