Wed, Dec 27, 2017
The account holders of banks such as Bharatiya Mahila Bank, State Bank of Patiala, State Bank of Mysore, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, and State Bank of Hyderabad will now have to get their cheque books replaced.
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Sat, May 20, 2017
State Bank of India (SBI) has reported Rs 2,815 crore rise in its standalone net profit for the fourth quarter (Q4) as compared to Rs 1,263.81 crore in the same period of previous fiscal.
Wed, Apr 05, 2017
The combined gross non-performing assets (GNPAs) of all the five associates is over half of SBI's.
Mon, Apr 03, 2017
Post-merger, all the customers of associate Banks will enjoy access to a wide array of digital products and services offered by the State Bank of India, the lender said.
Sat, Apr 01, 2017
The merged entity will have a deposit base of more than Rs. 26 lac crores and advances level of 18.50 lac crores.
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.
Tue, Mar 21, 2017
State Bank of India will shutdown almost half the offices of its five associate banks from April 24 this year.
Thu, Feb 16, 2017
State Bank of India (SBI) and three of its listed subsidiaries today informed the exchanges the Cabinet approval on the planned merger of associates with the parent bank.
Wed, Feb 15, 2017
SBI has said the merger with five subsidiary banks will help the country`s largest lender by assets increase its scale and cut expenses through synergies.
Mon, Jan 02, 2017
State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.
Sun, Oct 02, 2016
After creating history by becoming the first woman to head the nation's largest lender State Bank of India (SBI), Arundhati Bhattacharya on Saturday earned another first by landing an extension for a year.
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.
Thu, Aug 25, 2016
State Bank of India's (SBI) merger with five associate banks will increase the bank's coverage area and productivity of its employees, said SBI's chairperson Arundhati Bhattacharya in a recent one-on-one interview with Zee Business news channel.
Sun, Jul 10, 2016
Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.
Thu, Jun 16, 2016
State Bank of India subsidiaries extended their rally for a second straight day today, surging up to 20% on the bourses.
Wed, Jun 15, 2016
The Cabinet is likely to approve merger of five associate banks of the State Bank of India (SBI) with itself on Wednesday.
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.
Wed, May 18, 2016
The three associate banks of SBI- State Bank of Mysore, State Bank of Travancore, State Bank of Bikaner and Jaipur-are listed on the stock exchanges.
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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