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SBI changes names, IFSC codes of nearly 1,300 branches post merger with associatesThe merger of six associate banks and Bhartiya Mahila Bank (BMB) with State Bank of India (SBI) came to effect from April 1, 2017 resulting...- Bharatiya Mahila Bank to be merged with SBI from April 1Following the notification, SBI proposes to seek the approval of executive committee of central board on March 24.
- After associate banks, now Bharatiya Mahila Bank to also merge with SBI"The decision has been taken in view of the advantage of the large network of SBI," the Finance Ministry said in a statement.
- Cabinet nod for merger of Bharatiya Mahila Bank with SBI likely in 3 monthsAlong with BMB, five associates will be merged with SBI which will be the largest consolidation exercise in the banking history of India.
- Merger of associates on track despite demonetisation: SBI MD Rajnish KumarThe merger of five associates and the Bharatiya Mahila Bank (BMB) is planned to be wrapped up by 2016-17 end.
- SBI expects RBI nod on merger of associate banks soonUpon approval, RBI will submit the scheme of acquisition as approved by it to the Government of India for approval and issue of order of ac...
- SBI to issue 13.63 crore shares to shareholders of associates, Bharatiya Mahila BankSBI will issue 4.42 crore shares to Government of India for its 100 per cent stake in BMB.
- SBI to issue 13.63 crore shares to shareholders of associates, BMBThe board has "approved issuance of maximum 13,63,65,146 equity shares, of face value of Re 1 each, to the shareholders of SBBJ, SBM,SBT.
- 'Upar ki kamayee' a lure to join PSB over private bank"There is 'upar ki kamayee' (bribe) too," one of the 300 candidates selected by BMB said with aplomb in front of a stunned gathering compri...
- No info from govt on bank's merger: Mahila Bank officialBharatiya Mahila Bank has not heard anything from the government over merger of the bank, a top official of the bank said today.
- Government mulls merger of Bharatiya Mahila Bank into State Bank of IndiaMore than one bank has shown interest in taking over BMB given it has no bad loans on its books and has a network of 84 branches.
- Bharatiya Mahila Bank business to touch Rs 1,800 crore, with 80 branchesOn expansion, Usha said the bank would touch 80 branches, including Coimbatore (which was opened today) by the end of this fiscal from 36 b...
- Only 26% Indian women have banking relations: Usha Ananthasubramanian, CMD Bharatiya Mahila BankOnly about 26% of the 585 million women in India have any kind of formal relationship with a bank, she said adding that her bank’s focus wa...
- Mahila Bank to open three more branches in North-east this weekBharatiya Mahila Bank (BMB), the first all-woman bank, will open three more branches in the north-eastern region this week, official source...
- Mahila Bank ties up with New India; launch 3 health schemesBharatiya Mahila Bank (BMB), the first all-women bank, today tied with New India Assurance to launch health insurance products for women ac...
- States requested to provide free space for Mahila Bank’ branchesThe finance ministry has requested states to provide free space to the newly formed Bharatiya Mahila Bank (BMB) to set up branches.
- Madhya Pradesh's first Bhartiya Mahila Bank to be inaugurated tomorrowThe BMB branch in the city was established in the State Bank of India's (SBI) GPO premises, official sources said.
- PM Manmohan Singh inaugurates Bharatiya Mahila Bank, Sonia Gandhi attends functionThe first all-woman Bharatiya Mahila Bank was launched with a corpus of Rs 1,000 crore to function as a universal bank.
- Big ideas work better than big money: Trevor BeattieFor a man who has visited India more than 10 times over the last 25 years, Trevor Beattie, founder of the UK-based advertising agency Beatt...
- Madison inks JV to launch Trevor Beattie’s BMB in IndiaMadison Media on Tuesday announced that it had inked 50:50 joint venture to launch UK-based Beattie McGuinness Bungay (BMB) in India.
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