PSU bank employees to go on 2-day nationwide strike from July 12
Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.
Jul 10, 2016, 17:47 PM IST
SBI merger right idea, more such moves needed: Meghnad Desai
Terming the government's decision to go ahead with merger of SBI and its associate banks as a "right idea", eminent economist Meghnad Desai has said other PSU banks should also be merged from the current 24 to 3-4 large banks.
Jul 10, 2016, 12:32 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
Three candidates interviewed for SBI's MD post
Three candidates were interviewed for the post of a managing director of the country's largest lender State Bank of India, sources said.
Jun 27, 2016, 19:38 PM IST
'Bank mergers likely to happen after SBI consolidation'
Consolidation among public sector banks (PSBs) is expected to happen only after the completion of merger between SBI and its associates, a senior finance ministry official said.
Jun 26, 2016, 17:42 PM IST
Reconsider decision on merger of SBI associates: Bank Union
A bank employees' union on Saturday urged the Centre to reconsider its decision on merging SBI associate banks with the parent State Bank of India.
Jun 18, 2016, 19:40 PM IST
Merger of banks in SBI will include it in world top 50 banks
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Jun 16, 2016, 13:35 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 begins working on framework for subsidiaries merger
"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.
Jun 12, 2016, 15:46 PM IST
Govt to soon clear merger of SBI & associates: Arun Jaitley
Favouring consolidation in the public sector banking space, Finance Minister Arun Jaitley 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.
Jun 06, 2016, 17:38 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
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
Merger of SBI associate banks not priority now: Bhattacharya
State Bank of India chairperson Arundhati Bhattacharya today said the bank is currently not looking at merging its associate banks, and is instead focusing on more important challenges.
Aug 18, 2015, 20:52 PM IST
SBI not looking at merger of associate bank: SBI Chairperson
"At this point, we are not looking at anything (merger of one of the associate banks), immediately," Bhattacharya told reporters here.
Feb 13, 2015, 22:09 PM IST
Funds needed for SBI merger with subsidiaries: MD
SBI's merger with its subsidiaries would be good for the company but additional capital would be needed for it, a top official said on Saturday.
Aug 02, 2014, 16:47 PM IST
