First move to consolidate PSBs: Union cabinet approved merger of 5 associate banks and Mahila Bank with SBI

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First move to consolidate PSBs: Union cabinet approved merger of 5 associate banks and Mahila Bank with SBI
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In a first move to consolidate the public sector banks, Union Cabinet today approved the merger of five of SBI’s associate banks viz. State Bank of Travancore (SBT), State Bank of Mysore (SBM), State Bank of Bikaner & Jaipur (SBBJ), State Bank of Patiala (SBP), State Bank of Hyderabad (SBH) and Mahi...