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 2018Finance 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 2017SBI 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 2017The 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 2017With the final approval, the first round of consolidation of public sector banks would be over
1 min read19 Mar 2017SBI chairperson Arundhati Bhattacharya said the bank is still waiting for the government approval for the merger
3 min read2 Jan 2017The process increasingly looks like a shotgun wedding, with not enough opportunity to pause and ponder
4 min read21 Sep 2016Arundhati 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 2016State Bank of India also announced share swap ratios for merger with three associates, Bharatiya Mahila Bank
4 min read19 Aug 2016SBI has started negotiation process with the six different entities after getting an in-principle clearance from the cabinet
1 min read28 Jun 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared