SBI says will gain $120 billion in assets from takeover of units
State Bank of India (SBI), the nation`s biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bharatiya Mahila Bank, the lender said in a statement on Saturday.
Aug 20, 2016, 13:51 PM IST
SBI shares surge 3% in morning trade after merger approval with associate banks
Shares of State Bank of India today surged over three per cent in early morning trade after its board cleared the merger of five associate banks and Bharatiya Mahila Bank with itself.
Aug 19, 2016, 12:15 PM IST
SBI board approves merger of 3 associate banks and BMBL
State Bank of India's board on Thursday approved merger of three associate lenders and Bharatiya Mahila Bank (BMBL) with SBI, a move which will make the state owned lender a bank of global size.
Aug 18, 2016, 17:42 PM IST
SBI invites independent valuers for merger of associates, BMB
SBI Capital Markets has invited proposals for independent valuation and determining the swap ratio for the merger of three State Bank of India (SBI) associates and Bharatiya Mahila Bank with SBI.
Jul 06, 2016, 18:45 PM IST
Cabinet approves SBI's planned takeover of subsidiary banks
The Union Cabinet on Wednesday approved the the proposal of SBI to merge its five associate banks with itself and acquire Bharatiya Mahila Bank.
Jun 15, 2016, 14:38 PM IST
SBI associate banks staff to go on strike on Friday against merger
A section of employees of five associate banks of SBI has threatened to go on strike tomorrow against their proposed merger with parent.
May 19, 2016, 17:33 PM IST
Consolidation govt policy; need global-sized institutions: FM
The proposal of SBI to merge its five associate banks with itself and acquire Bharatiya Mahila Bank is in line with the government's policy of consolidation as the country needs global-sized institutions, Finance Minister Arun Jaitley on Wednesday said.
May 18, 2016, 16:12 PM IST
SBI seeks govt nod for acquisition of associate banks, BMB
Top state-run lender SBI Tuesday proposed merger of its five associate banks and newly created Bharatiya Mahila Bank (BMB) with itself and sought government's approval for the same -- a major bid to consolidate the public sector banking space.
May 17, 2016, 19:15 PM IST
Finance Ministry considering merger of Bhartiya Mahila Bank with SBI
Finance Ministry is considering a proposal to merge newly created Bharatiya Mahila Bank (BMB) with State Bank of India.
Jun 30, 2015, 20:40 PM IST
Mahila Bank plans to have 150 branches by Mar 2016
Bharatiya Mahila Bank on Saturday said it is targeting to have 150 branches across the country by the end of the current fiscal.
Apr 11, 2015, 19:15 PM IST
Bharatiya Mahila Bank to have 60 branches by Mar 31: CMD
Bharatiya Mahila Bank will launch nine more branches by this month end to close the fiscal with a network of 60 outlets, a top official said today.
Mar 23, 2015, 16:11 PM IST
Mahila Bank eyes Rs 800 crore loan book this fiscal
The country's first all-women bank, Bharatiya Mahila Bank (BMB) on Wednesday said it has set a deposit target of Rs 1,000 crore and Rs 800 crore for lending for the current fiscal.
Oct 01, 2014, 16:30 PM IST
Bharatiya Mahila Bank targeting business of Rs 1800 crore this fiscal
The 10-month old public sector Bharatiya Mahila Bank (BMB) Ltd is targetting a business of Rs 1,800 crore this fiscal and will be opening 50 more branches, including 20 in rural areas, by March next year, a top official on Tuesday said.
Sep 30, 2014, 18:15 PM IST
Bharatiya Mahila Bank targets Rs 1,800 cr biz this fiscal
Bharatiya Mahila Bank (BMB), incorporated under the Companies Act last fiscal to extend banking services especially to women, is targetting at a business of Rs 1,800 crore this fiscal.
Jun 15, 2014, 19:08 PM IST
