[Latest News][6]

Best Stock Advisory Company in Indore
Best Stock Option Tips Provider
Budget 2018
Call Put Option Tips
Commodity Market Tips
Commodity Tips
F&O Tips
Gold
Indian Stock Market Tips
Market
MCX Tips
Mcx Trading Tips
NCDEX tips
Nifty Future Tips
Nifty Option Tips
NSE BSE
NSE BSE stock
NSE BSE stock Market
Option Tips
Option Trading Tips
Share Market Tips
Silver
Stock Market Tips
Stock Option Market Tips
Stock Option Tips

HNI Commodity Pack, SBI to complete merger of 6 banks in three months

"SBI has sought three-month time from RBI for the merger. It should be done by that timeframe," SBI Managing Director (national banking group) Rajnish Kumar said here.



State Bank of India, which would start merger process of five associates and Bharatiya Mahila Bank (BMB) from April 1, expects integration to be completed in three months.

"SBI has sought three-month time from RBI for the merger. It should be done by that timeframe," SBI Managing Director (national banking group) Rajnish Kumar said here.

"The merger has to be done in phases. As data are integrated, the new pass book and cheque books would be issued. The complete integration of various banks should take 3 months," he said.

Post-merger, he said about 1,500 branches to be shut because of duplication.

Maximise your experience more in Stocks which means you a lot if you are a Financial Trader click here and subscribe us Free for two days click here to get >> http://www.ripplesadvisory.com/nifty-future-.php

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Start typing and press Enter to search