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State Bank of Patiala

Your cheque book will get invalid if you have an account in these SBI branches

Your cheque book will get invalid if you have an account in these SBI branches

Wed, Dec 27, 2017

The account holders of banks such as Bharatiya Mahila Bank, State Bank of Patiala, State Bank of Mysore, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, and State Bank of Hyderabad will now have to get their cheque books replaced.

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SBI Q4 profit doubles to Rs 2,815 crore on rise in lending & reduction of bad loans

SBI Q4 profit doubles to Rs 2,815 crore on rise in lending & reduction of bad loans

Sat, May 20, 2017

State Bank of India (SBI) has reported Rs 2,815 crore rise in its standalone net profit for the fourth quarter (Q4) as compared to Rs 1,263.81 crore in the same period of previous fiscal. 

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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. 

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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.

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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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State Bank of India to shutdown 47% of associate banks' offices post-merger from April 24

State Bank of India to shutdown 47% of associate banks' offices post-merger from April 24

Tue, Mar 21, 2017

State Bank of India will shutdown almost half the offices of its five associate banks from April 24 this year.

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Merger plan: SBI, 3 associates inform Cabinet nod to exchanges

Merger plan: SBI, 3 associates inform Cabinet nod to exchanges

Thu, Feb 16, 2017

State Bank of India (SBI) and three of its listed subsidiaries today informed the exchanges the Cabinet approval on the planned merger of associates with the parent bank.

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Cabinet approves State Bank of India's merger with 5 subsidiary banks

Cabinet approves State Bank of India's merger with 5 subsidiary banks

Wed, Feb 15, 2017

SBI has said the merger with five subsidiary banks will help the country`s largest lender by assets increase its scale and cut expenses through synergies.

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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.

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SBI to submit detailed associate banks' merger plan

SBI to submit detailed associate banks' merger plan

Tue, Jul 05, 2016

To start with, the bank will merge the non-listed entities first.

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SBI begins work on framework to merge five associate banks with itself

SBI begins work on framework to merge five associate banks with itself

Sun, Jun 12, 2016

"A team of 15-20 members has been set up and it has started working on the framework for the merger. The team is headed by a general manager and there are a few deputy general managers," a source said.

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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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