Latest News on Sbi Merger
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Sbi Merger - Total results - 6
Dec 28, 2017
Govt to push ahead with banking reforms in new year; to infuse fresh capital in PSBs"Reform agenda is the highest priority which has to be implemented along with capitalisation. A whole lot of reforms will come so that genuine borrowers don't suffer and get hassle-free, need based credit," Financial Services Secretary Rajiv Kumar said.
Jul 17, 2017
Number of public sector banks may go down to 12 as govt mulls consolidationAs part of a three-tier structure,there would be at least 3-4 banks of the size of SBI, the country's largest lender.
May 29, 2017
Govt initiates process to find new SBI chief; Arundhati Bhattacharya's term end on 6 OctThe post assumes significance as the bank has recently merged five associates and the Bharatiya Mahila Bank (BMB) pushing SBI into the league of top 50 banks globally in terms of assets.
Apr 04, 2017
SBI merges six banks with itself to create a behemoth: Here's how it will impact youThe borrowers are likely to benefit from the merger as the loan rates of associate banks are expected to align with SBI's
Mar 29, 2017
State Bank to complete merger of 6 banks in 5 months; 1500 branches to be shut afterSBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.
Jun 15, 2016
SBI-associates merger will create an elephant difficult to tameLooking at the broader picture, the government’s move to merge SBI’ five associates and BMB with SBI has all the signs of a forced merger.