Sbi Merger


'Sbi Merger' - 10 Video Result(s)

'Sbi Merger' - 47 News Result(s)

  • SBI To Soon Send Detailed Merger Plan For Government Approval

    SBI To Soon Send Detailed Merger Plan For Government Approval

    The Cabinet earlier this month gave in-principle approval to merger of the five associate banks and Bhartiya Mahila Bank with the State Bank of India.

  • Bank Consolidation Risks May Outweigh Benefits: Moody's

    Bank Consolidation Risks May Outweigh Benefits: Moody's

    Efforts to consolidate 27 public sector banks into 8-10 large lenders create risks that could offset potential long-term benefits in the current weak economic environment, Moody's Investors Service said today.

  • Bank Mergers Likely To Happen After SBI Consolidation: Report

    Bank Mergers Likely To Happen After SBI Consolidation: Report

    Consolidation among public sector lenders is expected to happen only after the completion of merger between State Bank of India (SBI) and its associates, a senior Finance Ministry official said.

  • Government Looking At 4-5 Large Sized State-Owned Banks: Report

    Government Looking At 4-5 Large Sized State-Owned Banks: Report

    The government is looking at consolidation among the 27 state-owned banks to create 4-5 large sized lenders, a process that will begin with the merger of SBI and its associates in the current fiscal.

  • Cabinet Approves Merger Of Five Associate Banks With SBI

    Cabinet Approves Merger Of Five Associate Banks With SBI

    SBI has five associate banks - State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.

  • SBI Associate Banks Rally Up To 20% On Merger Nod

    SBI Associate Banks Rally Up To 20% On Merger Nod

    The Union Cabinet on Wednesday gave in-principle approval to the merger of State Bank of India with five of its associate banks, leading to a sharp rally in shares of State Bank of Travancore, State Bank of Bikaner and Jaipur and State Bank of Mysore.

  • SBI Begins Working On Framework For Associate Banks Merger: Report

    SBI Begins Working On Framework For Associate Banks Merger: Report

    State Bank of India has set up a crack team to prepare a framework for amalgamation of five associate banks with itself, even as the political opposition to the proposed move is gaining ground and the government approval is still awaited.

  • Kerala Opposes State Bank of Travancore Merger With SBI

    Kerala Opposes State Bank of Travancore Merger With SBI

    The Kerala government is against the merger of State Bank of Travancore with State Bank of India, Chief Minister Pinarayi Vijayan said on Thursday.

  • Merger With Associates To Boost Market Share: SBI Chief

    Merger With Associates To Boost Market Share: SBI Chief

    State Bank of India chairperson Arundhati Bhattacharya on Tuesday said the public sector lender's merger with its five subsidiaries will strengthen them and boost market share"exponentially" as the move will help reduce several "repetitive costs".

  • Government To Soon Clear Merger Of SBI And Associates: Arun Jaitley

    Government To Soon Clear Merger Of SBI And Associates: Arun Jaitley

    Favouring consolidation in the public sector banking space, Finance Minister Arun Jaitley on Monday said the government as of now is looking only at SBI merging 5 subsidiaries as well as Bharatiya Mahila Bank with itself and a decision on this will be taken soon.

  • Merger With Associates Will Cut Costs, Improve Efficiency: SBI

    Merger With Associates Will Cut Costs, Improve Efficiency: SBI

    The proposed merger of SBI with its five associate banks and Bharatiya Mahila Bank (BMB) will lead to savings, improve treasury operations and cut redundancies, its Chairman Arundhati Bhattacharya said on Friday, pegging the cost of the merger process at around Rs 3,000 crore.

  • Intermediate Mechanism For NPA Resolution On Anvil: Vinod Rai

    Intermediate Mechanism For NPA Resolution On Anvil: Vinod Rai

    "Pricing is the commercial judgement of the institution. And I don't think it would be fair to have an outside agency take that decision," Mr Rai said.

  • Merger Of Six Banks To Cost SBI $250 Million: Moody's

    Merger Of Six Banks To Cost SBI $250 Million: Moody's

    Global credit rating agency Moody's Investors Service on Friday said the merger idea mooted by State Bank of India (SBI) of six banks with itself would cost around Rs. 16.6 billion ($250 million) and will have limited impact on its credit metrics.

  • SBI Associates' Staff Go On Strike Against Merger

    SBI Associates' Staff Go On Strike Against Merger

    Nearly 50,000 employees of five associate banks of State Bank of India have gone on a day-long nationwide strike today to protest the proposed merger with their parent bank.

  • Bank Consolidation: Need Global-Sized Institutions, Says Arun Jaitley

    Bank Consolidation: Need Global-Sized Institutions, Says Arun Jaitley

    Arun Jaitley said there is a need to reduce the number of banks by consolidating some of them.

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