Sbi Merger

State Bank to complete merger of 6 banks in 5 months; 1500 branches to be shut after

SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.

SBI-associates merger will create an elephant difficult to tame

Looking 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.