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Associates' merger to improve efficiency, aid financially: SBI

The merger will cut out overlaps with six treasuries being bundled off into one and provide scope for branch rationalisation, said Arundhati Bhattacharya, Chairman of SBI after bank's board gave in-principle approval to merge Bhartiya Mahila Bank and five associates with itself.

first published: May 17, 2016 06:59 pm

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