2.4.17

SBI begins operations as unified entity


The State Bank of India, the country’s largest lender, started functioning as a unified entity from Saturday, post the merger of its five associate banks, besides Bharatiya Mahila Bank.
The five associate banks merged with SBI are State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore.

With the merger, the SBI joins the league of top 50 banks globally in terms of assets.


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