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State Bank of Bikaner & Jaipur

Mega merger: Bad loans of 5 associate banks more than half of SBI's

Mega merger: Bad loans of 5 associate banks more than half of SBI's

Wed, Apr 05, 2017

The combined gross non-performing assets (GNPAs) of all the five associates is over half of SBI's.

State Bank of India says does not expect bad loan surprises post merger

State Bank of India says does not expect bad loan surprises post merger

Mon, Apr 03, 2017

Post-merger, all the customers of associate Banks will enjoy access to a wide array of digital products and services offered by the State Bank of India, the lender said.

SBI merges 5 Associate Banks; operations begin from today

SBI merges 5 Associate Banks; operations begin from today

Sat, Apr 01, 2017

The merged entity will have a deposit base of more than Rs. 26 lac crores and advances level of 18.50 lac crores.

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Ahead of merger with SBI,associate SBT to raise up to Rs 600 crore

Ahead of merger with SBI,associate SBT to raise up to Rs 600 crore

Sat, Feb 18, 2017

"The executive committee of the board of directors of the bank at its meeting held on February 18, 2017 has approved the raising of up to Rs 600 crore by way of issue of Basel III compliant additional tier-I bonds by private placement," SBT said in a regulatory filing.

SBI pushes merger of 5 associate banks, BMB to next fiscal

SBI pushes merger of 5 associate banks, BMB to next fiscal

Mon, Jan 02, 2017

State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.

SBI hopes to kick off mega merger of associate banks by October-end

SBI hopes to kick off mega merger of associate banks by October-end

Sun, Sep 04, 2016

SBI has three listed associate banks--State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, and two unlisted associates--State Bank of Patiala and State Bank of Hyderabad.

NPAs ratio in public sector banks up 9% in FY16

NPAs ratio in public sector banks up 9% in FY16

Tue, Jul 19, 2016

Bad loans in the public sector and scheduled commercial banks of India have risen in FY16 on the back of sluggish domestic growth, slowdown in recovery of the global economy and fall in exports.

SBI eyes merger of five associate banks; likely to acquire Mahila Bank

SBI eyes merger of five associate banks; likely to acquire Mahila Bank

Tue, May 17, 2016

SBI board also discussed the possibility of acquiring India`s first bank targeted to women - the Bhartiya Mahila Bank

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