All the general secretaries of all banks' officers associations will meet there and finalise the action program to oppose the merger.
Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.
The board shall consider capital infusion up to Rs 18,000 crore in its meeting scheduled on September 5, 2019, PNB said.
Unions are ill informed about amalgamation of banks: Nirmala
Investors would also monitor other key factors such as movement of rupee, crude oil and investment trend by overseas investors.
I have very clearly underlined the fact that there shall not be one employee removed, said Finance Minister Nirmala Sitharaman.
Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.
While PNB will become the second-largest PSB after SBI, Canara Bank will be 4th largest.
However, given the merged banks are on similar technology platform, the integration should be smoother: Agarwal.
Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.