Hello Friends,
Finally The State Bank of India (SBI) announced on 18th July 2016 approval of the merger of three of its associate banks and the Bharatiya Mahila Bank (BMB), with itself.Earlier in June, the government gave the go-ahead to the merge SBI with its five associate lenders and Bharatiya Mahila Bank
Subject to final approvals from the Reserve Bank of India (RBI) and the government, the scheme provides for the following:
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