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Merging of Associate Banks not on table this year

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Merging of Associate Banks not on table this year

Hai Friends, Merging of Associate Banks with SBI not going to be done this year. This is said by Shri. B Sri Ram, MD, State Bank of India.
"The way forward will be to ensure we have four-five large banks commanding a larger share of market," he says. However, there is nothing on the table regarding the merger of associate banks this year, he adds. A merger may happen between banks that are in sync to ensure that consolidation issues are resolved." says B Sri Ram, Managing Director, State Bank of India.

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