Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs 18 lakh crore.
This will be an exchange for the major spices grown in Kerala–black pepper, cardamom and dry ginger.
This will also pave the way for fully utilizing the period between October and April 2020 in the global market.
The GDP growth in the April-June quarter of the 2019- 20 fiscal was 5 per cent, according to government data.
Sikkim is the world’s first 100 per cent organic tea estate and has recently received the Green Oscar.
Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.
The October contract ended at Rs 13,355 per 100 kg, up 0.2 per cent from that of Monday, last week.
Hike in customs duty and the present GST rate is affecting customer sentiment, as prices of jewellery have increased.
Going forward, the olefins cycle is likely to decline further and that in turn would lead to subdued returns, they added.
On the exports front, during the first 10 months of 2018-19, total oilmeal exports increased 8 per cent to 2.3 mt.