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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.

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

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&nbsp;Rs 1,263.81 crore in the same period of previous fiscal.&nbsp;

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

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

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

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.

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

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

SBI merges 5 Associate Banks; operations begin from today

The executive committee of the central board of SBI fixed March 17 as the record date for determining the eligible minority shareholder of SBBJ, SBM and SBT.

SBI to raise $1.5 billion from overseas bonds to fund biz expansion

As a result of the merger, more than 14,000 employees (5,000 officers and the rest comprising clerical and subordinate staff) and 1,200 SBT branches (880 in Kerala alone) will cease to exist under the brand name SBT.

State Bank of Travancore gets ready to go into oblivion

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

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

"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.

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

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

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

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

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

SBI chairman Arundhati Bhattacharya gets one-year extension till Oct 2017

No closures, only branch relocations after SBI merger: Arundhati Bhattacharya

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

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

SBI's merger with subsidiaries will increase bank's coverage area: Bhattacharya

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

SBI to submit detailed associate banks' merger plan 

Cabinet approves merger; SBI's associate banks gain

"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.

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

The three associate banks of SBI- State Bank of Mysore, State Bank of Travancore, State Bank of Bikaner and Jaipur-are listed on the stock exchanges.

Shares of SBI's associate banks rise on merger move

state-bank-of-travancore

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.

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. 

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

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.

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 Travancore

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

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

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

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

SBI merges 5 Associate Banks; operations begin from today

SBI to raise $1.5 billion from overseas bonds to fund biz expansion

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Weather Update: Minimum temperatures rise above freezing in Kashmir valley

India’s hydrogen demand set to double by 2030: Nuvama

Delhi AQI Update: Capital chokes as air quality touches 497; residents report breathing, eye problems

Mumbai AQI: City wakes up to haze as air quality slips into ‘moderate’ level across key areas

17th ENBA Awards: Zee Business Managing Editor Anil Singhvi bags multiple honours, including best Hindi business anchor

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