Mahila Bank News

Industry

SBI changes names, IFSC codes of nearly 1,300 branches post merger

A total of 1,295 branches have been changed across the country as per the SBI list enlisting the old and new IFSC codes after merger with associate banks and BMB, as per the list on its website

1 min read27 Aug 2018
Industry

Arun Jaitley introduces bill to repeal SBI Subsidiary Banks Act

Finance minister Arun Jaitley introduces a bill to repeal SBI (Subsidiary Banks) Act and State Bank of Hyderabad Act following the merger of five associates with the parent SBI

1 min read21 Jul 2017
Industry

SBI hikes minimum balance to ₹5,000 for savings account in metros

SBI savings bank account holders will have to maintain a monthly average balance of Rs5,000 in metros or else they will have to pay a penalty of Rs100

2 min read3 Apr 2017
Industry

Bharatiya Mahila Bank to be merged with State Bank of India

The finance ministry says decision to merge Bharatiya Mahila Bank with SBI has been taken to ensure greater banking services outreach to more women at a faster pace

2 min read21 Mar 2017
Industry

Cabinet nod for merger of Bharatiya Mahila Bank with SBI likely in 3 months

With the final approval, the first round of consolidation of public sector banks would be over

1 min read19 Mar 2017
Industry

SBI may push merger of five associate banks, BMB to next fiscal

SBI chairperson Arundhati Bhattacharya said the bank is still waiting for the government approval for the merger

3 min read2 Jan 2017
Opinion

The SBI merger: is bigger always better?

The process increasingly looks like a shotgun wedding, with not enough opportunity to pause and ponder

4 min read21 Sep 2016
Industry

Arundhati Bhattacharya hopes to kick off SBI’s mega merger by October-end

Arundhati Bhattacharya expressed the hope that SBI will be able to finish the merger process by end of the current financial year if everything goes smoothly

2 min read4 Sep 2016
Industry

SBI board clears merger with associate banks

State Bank of India also announced share swap ratios for merger with three associates, Bharatiya Mahila Bank

4 min read19 Aug 2016
Industry

SBI to send detailed merger plan for govt approval

SBI has started negotiation process with the six different entities after getting an in-principle clearance from the cabinet

1 min read28 Jun 2016
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