Bharatiya Mahila Bank
No assurance on write-offs due to merger: SBI
Merger will help SBI sustain its mission of being an enduring value creator.
Another PSB merger likely
FM to meet with PSU banks to discuss ways to solve bad loan problem.
SBI says 'future ready' with transaction speed of 15,000 per sec
Merger will have a ripple effect on the liability franchise as well as the asset portfolio.
SBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers
Proposed FPO and Qualified Institutional Placement (QIP) follows merger of five associate banks and Bharatiya Mahila Bank from April.
India has behemoth of a bank
As the largest public bank it owes the nation a duty to be a sensible lender striking a balance between big and small in terms of borrowers.
SBI absorbs associate banks, goes global
Total customer base of bank will reach 37 crores with a branch network of around 24,000 and nearly 59,000 ATMs.
SBI expects integration to finish in three months
The bank will start merger process of five associates and Bharatiya Mahila Bank (BMB) from April 1.
Bhartiya Mahila Bank to be part of SBI from April1
The merger of BMB with paid up capital of Rs 1,000 crore was done three years after it was formed.
Govt gives nod to merger of SBI, associate banks
State Bank is expected to become a global-sized bank with an asset base of Rs 37 lakh crore.
Note ban delayed merger of SBI associate banks
Govt would shortly issue notification for a final merger order, seen as a step toward banking reforms.