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Five associate banks to merge with SBI from April 1

Five associate banks to merge with SBI from April 1

Friday, February 24, 2017, 9:21 AM

Merger of State Bank of India (SBI) with five of its associate banks, State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP), will become effective in the new fiscal year. After the merger, SBI will be among the top 50 large banks of the world.
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