Associate banks

Arundhati Bhattacharya, SBI Chairman, said: “The intention is to complete the merger by March 2017, but there could be many ifs and buts.” - Sakshi Post

SBI to Kickstart Merger Process in Oct; Completion by March

Sep 05, 2016
SBI Board in August approved the acquisition of all the five associate banks and Bharatiya Mahila Bank
After the merger, SBI will have 70,000 more employees from the five associate banks and this will slow down the recruitment pace. - Sakshi Post

Will State Banks Merger Lead To Job Losses?

Aug 19, 2016
Five MD positions from five associate banks cease to exist
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