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Associate Banks of SBI News

Associate Banks of SBI

03 Apr 2017

SBI sees cost savings, no bad loans surprise after merger with units

State Bank of India, the nation`s top lender by assets, expects no nasty surprises on bad loans after merging five subsidiary banks with itself at the weekend in a deal that will help it save costs and gain scale, senior executives said.

State Bank of India

20 Aug 2016

SBI says will gain $120 billion in assets from takeover of units

State Bank of India (SBI), the nation`s biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bharatiya Mahila Bank, the lender said in a statement on Saturday.

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