SBI mulling merger of other associate banks
New Delhi, September 05: State Bank of India (SBI) is considering the merger of all five of its remaining associate banks with itself, having amalgamated with two of them in the last two years.
“It (merger of other associate banks) is in my mind, but we have to see,” SBI Chairman O P Bhatt told PTI.
“We have to check out from the government and the banks concerned,” he said.