It is no coincidence that the Centre's decision to merge the State Bank of India (SBI) with five of its associate banks and Bharatiya Mahila Bank has come at a time when the Reserve Bank of India (RBI) has brought out its Scheme for Sustainable ... Hindustan Times, 1 week ago
State Bank of India mergers with associate banks - Banking Technology, 6 days ago
SBI merger an eyewash to shift focus from himalayan scale of bad loans: Union leader - Firstpost.com, 1 week ago
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Prime Minister Narendra Modi's cabinet on Wednesday approved the takeover by State Bank of India of several subsidiaries, a government source said, in a first move to consolidate the country's struggling public sector banks. As earlier proposed, ...The Echo Of India, 1 week ago SBI takeover of subsidiaries gets approval Oman Tribune, 1 week ago
After over five years of hiatus, associate banks of SBI including State Bank of Bikaner and Jaipur have proposed to merger with the parent lender. The respective boards have proposed merger with the State Bank of India (SBI) in a meeting , ...Firstpost.com, 1 month ago Associate banks propose merger with parent SBI Press Trust of India, 1 month ago One SBI: After 5 Years, Associate Banks Propose Merger With Parent Businessworld India, 1 month ago SBI Associate banks propose merger with parent SBI The Hindu, 1 month ago
Mumbai : State Bank of India has restarted the process of merging its associate banks, including assets and liabilities and the Bhartiya Mahila Bank on Tuesday afternoon — a development if successful will create one of biggest banks in the world. ...Deccan Chronicle, 1 month ago Shares of SBI associate banks rise amid merger buzz Economic Times, 1 month ago
However, analysts expect that the merger may hurt SBI's near-term profitability Mumbai: Shares of State Bank of India (SBI) and its three listed subsidiaries jumped on Wednesday following reports that the bank will soon commence the process of ...Livemint.com, 1 month ago
People walk in front of a signboard displayed at the head office of State Bank of India in Mumbai State Bank of India (SBI)'s move to explore a possible merger of six banks with itself is not received well by analysts. SBI is looking to merge five ...Smart Investor, 1 month ago
State-run banking behemoth State Bank of India has set up a crack team to prepare a framework for amalgamation of five associate banks with itself, even as the political opposition to the proposed move is gaining ground and the government approval ...4 Traders, 1 week ago SBI begins working on framework for subsidiaries merger ZeeNews.com, 2 weeks ago SBI working on framework for subsidiaries merger The Financial Chronicle, 2 weeks ago
State Bank of India Chairman, Arundhati Bhattacharya PTI Consolidation among public sector banks (PSBs) is expected to happen only after the completion of merger between State Bank of India (SBI) and its associates, a senior finance ministry ...Smart Investor, 22 hours ago Finmin: Bank mergers likely to happen after SBI consolidation The Freepress Journal, 5 hours ago 'Bank mergers likely to happen after SBI consolidation' Moneycontrol.com, 10 hours ago PSU bank mergers likely to happen after SBI consolidation Livemint.com, 18 hours ago
Arun Jaitley Amid mounting non-performing assets (NPAs), state-run banks are likely to pitch for higher recapitalisation to meet their capital adequacy requirements in the quarterly performance review by Finance Minister Arun Jaitley on Monday. ...Business Standard India, 3 weeks ago Banks likely to pitch for higher recapitalisation on Monday Smart Investor, 3 weeks ago
Kolkata : The proposed merger of SBI with its five associate banks and Bharatiya Mahila Bank (BMB) will lead to savings, improve treasury operations and cut redundancies, its Chairman Arundhati Bhattacharya said on Friday, pegging the cost of the ...NDTV Profit, 1 month ago Merger with SBI associates will cut costs, improve efficiency: Arundhati Bhattacharya Financial Express, 1 month ago
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