Orders come on last day of deadline for submission of joining options by staff of associate banks
Without a hands-off approach, PSU mergers won't work
Kamath also underlined the need for a bad bank to deal with rising NPAs
Total customer base of the bank is now expected to reach 370 mn with a branch network of 24,000
Merger of SBI and its associates is viewed as a step towards cleansing the banking system
Bank gets executive committee nod to raise funds, to augment its additional tier-I capital
No decision was taken on the proposal to merge the Bharatiya Mahila Bank with SBI
With an asset base 5 times ICICI Bank's, this will place SBI among top 50 global banks
The move was aimed at providing comfort to the apprehensive employees of SBI's five associate banks before the merger
She expressed the hope that the bank will be able to finish the merger process by end of the current financial year if everything goes smoothly
SBI Management has announced that close to 7,000 branches of SBI would be shut or relocated with merger
As per the amendment to the Competition Act, consolidation in the banking sector space is exempt from the approval of CCI
SBI up nearly 4% to Rs 257, while SBT surged 9% to Rs 550 and SBBJ up 4% to Rs 700 on the BSE in intra-day trade.
Five associate banks, BMB will merge with SBI by Mar 2017
State's finance minister Etela Rajender says SBH should retain its identity. It is a Telangana bank
Says, process of the merger of five associate banks and Bhartiya Mahila Bank with the SBI should be over by next March
The resolution asked the Centre and Reserve Bank of India to rescind the decision to amalgamate SBT with State Bank of India
The strike is in protest against government's move to merge associate banks with State Bank of India
Team has been formed under the supervision of associate and subsidiaries department, which is being headed by Managing Director, V G Kannan
SBI's board had submitted a proposal to the government for merging its five subsidiaries and Bhartiya Mahila Bank with itself