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SBI MERGER BILL
Air India refinances loans with SBI and BoB at near G-Sec yieldsTata Group-owned Air India refinanced short-term loans with SBI and Bank of Baroda for three years. The Rs 19,000 crore term loan will fina...
Government plans to start next round of public sector bank mergersThe aim is to have 4-5 large banks as large and strong as the country's biggest lender State Bank of India (SBI), said the official who req...
Clarify privatisation of banks not on agenda: Congress to GovernmentHe said, "We keep hearing from time to time that India requires lesser number of banks, banks should be merged. Sometime, we also hear that...
Lok Sabha okays SBI merger Bill; Rajya Sabha nod to Bill on NPAsThe Bill seeks to empower the Centre to fix a “universal minimum wage” and the government says more than 40 crore unorganised sector worker...
Opposition concerned over hike in service tax, lowering interestInitiating a debate on the bill, S P Muddahanumegowda (Cong) said nearly 34 crore people would be affected by the increase in minimum balan...
Arun Jaitley introduces bill to repeal SBI Subsidiary Banks ActFive associates and the Bharatiya Mahila Bank became part of State Bank of India (SBI) beginning April 1, catapulting the country's largest...
I have not seen a merger of this kind. SBI has accomplished a mass mission: Arundhati BhattacharyaThe merged entity will have one-fourth of the deposit and loan market in the country. The consolidated business will go up to Rs.44 lakh cr...
- Finmin seeks SBI & affiliates merger cost details
The finance ministry has asked SBI to work out the cost implications of merging the remaining five associate banks with itself before the g...
- State Bank of Indore merger with SBI in public interest: Govt
The government on Wednesday said the merger of State Bank of Indore with the State Bank of India (SBI) is in public interest.
- LS approves merger of State Bank of Saurashtra with SBI
The Lok Sabha on Monday post facto put its seal on merger of the State Bank of Saurashtra (SBS) with State Bank of India (SBI) amid opposit...
- There's no breather for the new govt
Whoever takes charge as the finance minister will have his plate full. Stalled by the left, the outgoing government has an array of pending...
- Govt to take up merger of 2 associate banks with SBI
After State Bank of Saurashtra (SBS), it is now the turn of State Bank of Indore and State Bank of Patiala (SBP) to be merged with State Ba...
- Govt approves SBI-SBS merger
Country's largest lender State Bank of India on Thursday said the Finance Ministry has approved the merger of State Bank of Saurashtra with...
- MoF finishes work on SBS & SBI merger
The government is expected to formally announce the merger of State Bank of Saurashtra (SBS) with the State Bank of India (SBI) this week.
- Government okays SBS merger with SBI
The government on Thursday approved the merger of State Bank of Saurashtra (SBS) with its parent State Bank of India (SBI).
- Govt gives nod to merger of SBS with SBI
The government approved the merger of State Bank of Saurashtra with its parent State Bank of India.
- Long legal road for SBI merger with associates
Although the law ministry has allowed repeal of the State Bank of Saurashtra Act to enable its merger with State Bank of India , a similar ...
- Bank M&As to get own fairplay brink
The ministry of corporate affairs has arrived at an understanding with the finance ministry on not using the criteria used in other sectors...
- SBI wants to unlock value of holdings in associate banks
State Bank of India (SBI) is looking at unlocking value of its holdings in associate banks once it gets legislative sanction for splitting ...
- Govt may give more powers to RBI through new banking bill
The government on Wednesday introduced the Banking Regulation (Amendment) and Miscellaneous Provisions Bill '03 in the Lok Sabha which seek...