State Bank Of Bikaner And Jaipur

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.

After merger with associate banks, SBI opens as one bank

The associate banks which merged with the SBI are State Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank Of Hyderabad, State Bank of Mysore and State Bank of Travancore.

Five associate banks, BMB merge with State Bank of India

State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), besides Bharatiya Mahila Bank (BMB), merged with SBI with effect from April 1, the bank said in a statement.

State Bank of Travancore to bid adieu tomorrow

The official, however, assured customers that they need not worry, adding that there would not be any change in their accounts, passbooks and cheque books. The State Bank of Travancore has about 14,000 employees on its payroll, he added.

SBI, associates to sport new logo from April 1. Here's what it looks like

From April 1, five associate banks of State Bank of India (SBI) will be sporting the SBI signage and logo, with its iconic keyhole set against a navy blue backdrop.

Associate banks' branches to become SBI branches from April 1

“Customers, including depositors of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore will be treated as customers of State Bank of India with effect from April 1, 2017,” the RBI said in a notification.

SBI to hike minimum balance for savings A/c; hit 310 mn people

State Bank of India has decided to increase manifold the minimum balance required for maintaining savings account from April 1, hitting 31 crore depositors including pensioners and students.

SBI, associate banks merger: Share swap record date Mar 17

State Bank of India today fixed March 17 as the record date of share swap for the merger of its 5 associate banks with itself.

Merged SBI entity may reduce job hirings by 30,000

The State Bank of India (SBI) merger with its five associate banks is likely to close the door to future job recruitments at the merged entity.

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 may be delayed as banks yet to seek CCI approval

The merger of State Bank of India and its associate banks such as State bank of Travancore is likely to be delayed further as the PSUs are yet to receive approval from the Competition Commission of India (CCI).

Ahead of merger with SBI,associate SBT to raise up to Rs 600cr

Ahead of its proposed merger with parent SBI, State Bank of Travancore (SBT) will raise up to Rs 600 crore to shore up additional tier-I capital by issuing Basel compliant bonds on private placement.

Ahead of merger, SBI arms to offer voluntary retirement to staff

State Bank of India‘s (SBI) five associate banks will offer voluntary retirement schemes (VRS) for their employees before the date from which the merger will be effective. The date for the merger is yet to be notified.

Bhel, Idea to move out of Nifty 50 from Mar 31

State-run BHEL and telecom major Idea Cellular will move out of National Stock Exchange's Nifty 50 index from March 31.

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.

Govt paves way for SBI, associates merger but challenges remain

State Bank of India, country‘s biggest bank is set to become even bigger, with the Cabinet approving its merger with its five subsidiaries on Wednesday.