PIB Fact Check: No one knows when something will go viral on social media and make headlines overnight. Today, it does not take long for a photo or news to go viral on social media. Similar news about PNB and SBI is spreading rapidly online. It claims that the central government has approved the merger of Punjab National Bank (PNB), Canara Bank and State Bank of India (SBI).

There is a stir among the people after this news came out. However, the fact-check unit of the Press Information Bureau (PIB) has outright rejected the claim. The Government of India has not approved any proposal to merge these three state-owned banks. Let’s know the truth behind this news.

This report turned out to be false

PIB Fact Check has clarified on the social media platform ‘X’ that an image circulating falsely claims that the Government has approved the merger of Punjab National Bank (PNB), Canara Bank, and State Bank of India (SBI).
This is not a real newspaper report or official government information. The PIB Fact Check has asked people to rely only on official sources for banking-related information and to verify such claims before sharing them online.

What does the report say?
The clip, which is going viral on social media, claims that the government has approved the merger of Punjab National Bank, Canara Bank and State Bank of India to form the country’s largest state-owned bank. The picture claims that the proposal has been approved by the government. A merger is being considered. However, the PIB Fact Check shows that this claim is false.

“A picture circulating on social media platforms falsely claims that the government has approved the merger of Punjab National Bank, Canara Bank and State Bank of India,” PIB Fact Check said. It added that the claim was fake.

The fact-checking unit further stated that the Government of India has NOT approved any proposal to merge PNB, Canara Bank, and SBI. The circulated image is fabricated and does not represent any authentic newspaper publication or official Government communication. People have been advised to always trust official sources.

“>June 29, 2026

Advice given to people
PIB Fact Check has advised people to consult only official sources to confirm banking-related information.

‘Always visit RBI’s official website: rbi.org.in for the correct information.
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