Sbi Merger

A day before, Rajnish Kumar, Bhattacharya's successor, told the media that reviving credit growth and resolution of stressed assets will be his top priority.

About 15,000 staff from SBI associates request for transfers

About 2,800 SBI’s associate employees have opted for voluntary retirement scheme (VRS) of the total 12,500 eligible for the scheme.

SBI’s new ATM, minimum balance charges effective from April 1

This is likely to affect over 31 crore savings deposit account holders including pensioners and students.

Cabinet approves SBI merger with Bharatiya Mahila Bank

BMB’s total business of Rs 2,000 crore and its 103 branches will be merged with the country’s largest bank soon.

SBI to merge with associates from April 1

State Bank of India (SBI) will merge its five associate banks with itself from April 1, in the largest consolidation exercise in the banking history of India.

SBI merger: What new entity will look like

The Cabinet has approved the long-awaited merger of State Bank of India and its five associate banks. The merger will give a new look to the state-owned bank while creating a Rs 32-lakh crore banking giant.

Cabinet approves merger of SBI, 5 associate banks

The merged entity will create a banking behemoth, one-fourth of market share in India‘s banking sector (in terms of loans and deposits), with an asset base of about Rs 40 lakh crore from Rs 23 lakh crore.

Cabinet gives nod to SBI merger with associates

The Cabinet has given approval to the merger of State Bank of India with its five subsidiaries, Finance Minister Arun Jaitley announced on Wednesday.

Bull market intact; banks may see more mergers: Raamdeo Agrawal

Market basically moves on two things – earnings and earnings outlook, says Raamdeo Agrawal Of Motilal Oswal Financial Services.

Political parties oppose merger of associate banks with SBI

Leaders of various political parties from Kerala on June 15 demanded that the Centre withdraw the move to merge associate banks, including the State Bank of Travancore, with SBI