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Merging of 5 associates with SBI will be completed in this Finacial year says Arundati Bhattacharya

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Merging of 5 associates with SBI will be completed in this Finacial year says Arundati Bhattacharya

Dear Friends,

 All 5 Associate Banks of SBI will be merged with SBI in this Financial year 2016-17 (said by Arundati Bhattacharya, Chairman of State Bank Group)  and will be merged within 9 months (Said by Jyoti Gosh, MD of SBBJ).

As all 5 Associate Banks are  going on strike on 20th May 2016 (tomorrow) to resist merging with SBI individually and wish to merge all 5 associate banks into One Bank (separate entity from SBI), But the MD SBBJ of Jyoti Gosh says it is a good sign and positive moment to merge all associate banks with SBI and says the process of merging will be completed within 9 months.



Thank you Friends,

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