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SBI bank merger News

20 Sep 2018

SBI not right candidate to take over more banks: Chairman

SBI last year merged with itself five of its subsidiary banks and taking over Bharatiya Mahila Bank, catapulting it to be among top 50 global lenders.

20 Aug 2016

Merger to add $120 billion to asset base: SBI

State Bank of India on Saturday said the ongoing merger of five of its associate banks and Bharatiya Mahila Bank will add Rs 8 trillion or USD 120 billion to its assets and will create a banking behemoth with global scale.

Bharatiya Mahila Bank

18 Aug 2016

SBI board approves merger of 3 associate banks and BMBL

State Bank of India's board on Thursday approved merger of three associate lenders and Bharatiya Mahila Bank (BMBL) with SBI, a move which will make the state owned lender a bank of global size.

19 May 2016

After SBI, UCO Bank and two other public lenders to get merged?

After asking State Bank of India (SBI) to merge its 5 associate banks, the government may ask three other public lenders namely UCO Bank, Bank of India and Indian Overseas Bank with financially sound bank

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