Mon, Jun 05, 2017
The government today said it is examining the possibility of further consolidation in the public sector banking space without waiting for their finances to improve. Merger of five associate banks and Bhartiya Mahila Bank with the country's largest lender SBI took place in April.
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Sat, Mar 25, 2017
The executive committee of the central board of SBI fixed March 17 as the record date for determining the eligible minority shareholder of SBBJ, SBM and SBT.
Fri, Feb 24, 2017
SBI first merged State Bank of Saurashtra with itself in 2008 and later State Bank of Indore was merged with it.
Sun, Sep 04, 2016
SBI has three listed associate banks--State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, and two unlisted associates--State Bank of Patiala and State Bank of Hyderabad.
Tue, Jul 05, 2016
To start with, the bank will merge the non-listed entities first.
Sun, Jun 26, 2016
Banks can only make acquisitions when they have financial might which is subdued at the moment due to clean up exercise of balance sheet.
Sun, Jun 12, 2016
"A team of 15-20 members has been set up and it has started working on the framework for the merger. The team is headed by a general manager and there are a few deputy general managers," a source said.
Tue, May 17, 2016
SBI board also discussed the possibility of acquiring India`s first bank targeted to women - the Bhartiya Mahila Bank
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