SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it. The post State Bank to complete merger of 6 banks in 5 months; 1,500 banks to be shut after appeared first on Firstpost . First Post.com, 4 weeks ago
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New Delhi - State Bank of India (SBI), which will see five associate banks merge into it on April 1, has decided to shut down almost half the offices of these banks, including the head offices of three of them. This process will start from April 24. "Out of ...Sify, 1 month ago State Bank of India to shut down nearly 50% offices of associate banks after merger DNA, 1 month ago SBI to merge 5 associate banks from April Sify, 2 months ago SBI, three listed associates inform market of merger approval from Cabinet DNA, 2 months ago
Five associates and the Bharatiya Mahila Bank became part of the State Bank of India (SBI) today, catapulting the countrys largest lender to among the top 50 banks in the world. State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State ...Deccan Herald, 3 weeks ago
Madhya Pradesh government would seek a loan from New Development Bank (NDB) for renewal and repair of 1,500-km long district roads of the state. "The state Cabinet chaired by the Chief Minister Shivraj Singh Chouhan decided to seek a loan equal to 70 per cent ...Business Standard, 2 months ago
The Enforcement Directorate on Saturday carried out searches at about 100 locations in 16 states as part of its crackdown on shell companies used for laundering money. This comes weeks after a directive from the Prime Minister's Office (PMO)to check the ...Deccan Herald, 3 weeks ago 17 states, over 100 locations: ED launches massive crackdown on shell firms Rediff.com, 3 weeks ago Shell cos crackdown: ED arrests two from B'luru, Chennai Deccan Herald, 3 weeks ago
Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced that the state would go on complete liquor ban in coming days."Alcohol prohibition will be implemented in the entire state by closing all liquor shops in a phased manner," the Chief Minister ...Business Standard, 2 weeks ago All liquor shops across MP to be shut down in phases: Chouhan Deccan Herald, 2 weeks ago
Seeking to create a global-sized bank, the Cabinet on Wednesday gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks. However, no decision was taken on the proposal to also merge the Bharatiya Mahila Bank with the SBI. The merger is likely to result in recurring savings, estimated at more than Rs 1,000 crore in the first year, through a combination of enhanced operational efficiency and ...Rediff.com, 2 months ago Govt gives green signal to merger of SBI, associate banks; no decision regarding Bharatiya Mahila Bank DNA, 2 months ago Cabinet clears decks for merger of SBI and 5 associate banks Deccan Herald, 2 months ago Cabinet approves merger of SBI with associate banks: Jaitley Mathrubhumi, 2 months ago
India's mini Mumbai, the financial capital of central India, Indore is the city of dreams if one believes what CM Shivraj Singh Chauhan has to say about his state's biggest city. With an estimated annual nominal GDP of around Rs 14 billion, its continuing ...catchnews.com, 2 months ago
The Enforcement Directorate (ED) today conducted country-wide searches at 110 locations as part of its major crackdown on 500 shell companies suspected to be generating huge amounts of black money. The raid operations across 16 states began early morning with ...Business Standard, 3 weeks ago
Cetrum Home Finance, the Centrum group's housing finance arm that was launched last month, plans to have a loan book of Rs 250 crore by the end of the first year of operations. The Centrum group is among the early birds from the brokerage space to enter the ...Business Standard, 1 month ago
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