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All Stories for State Bank Of Bikaner And Jaipur
Have accounts with these banks? Your cheque book, IFSC code will become invalid from 1 October
Bindisha • 7 years agoThose who have an ECS arrangement with your bank, need not worry. It will get automatically transferred to SBI
Majority union in SBI gains membership after associate banks' merger
Ians • 8 years agoIt is nothing new for the union to add members in large numbers nor does it pose any challenge.
Number of public sector banks may go down to 12 as govt mulls consolidation
• 8 years agoAs part of a three-tier structure,there would be at least 3-4 banks of the size of SBI, the country's largest lender.
SBI merges six banks with itself to create a behemoth: Here's how it will impact you
Fp Staff • 8 years agoThe borrowers are likely to benefit from the merger as the loan rates of associate banks are expected to align with SBI's
SBI chief Arundhati Bhattacharya rules out spike in bad loans after merger
• 8 years agoEffective 1 April, the five associate banks -- State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore -- as well as Bharatiya Mahila Bank have been merged with SBI, creating a global banking behemoth.
SBI merger: Arundhati Bhattacharya says Rs 5,000 is minimum average balance, feels media not highlighting details
Dinesh Unnikrishnan123 • 8 years agoSBI gaining global size is a good thing for Indian banking sector in relation to the global industry. But as the trade unions caution, does the decision creates a bigger risk?
2,800 employees of SBI's associate banks opt for voluntary retirement
• 8 years agoSBI Chairman Arundhati Bhattacharya said around 12,500 employees of the five associate banks are eligible to opt for VRS
Five associate banks to merge with SBI from 1 April
• 8 years agoWith the merger of all the five associates, SBI is expected to become a lender of global proportions with an asset base of Rs 37 lakh crore or over $555 billion, 22,500 branches and 58,000 ATMs
SBI arm SBBJ logs Rs 210 cr loss in Q2 on higher NPAs
• 8 years agoGross non-performing assets (NPAs) of the bank rose to 10.5 per cent of the gross advances as of September 30, 2016 from 4.2 per cent a year ago
SBI gets cabinet nod to merge 5 associate banks with itself
Agencies • 9 years agoThe merged entity will create a banking behemoth, which can compete with the largest in the world with an asset base of almost Rs 37 lakh crore, with 22,500 branches and 58,000 ATMs as on December 2015