State Bank of India(SBI) all set to become 45th largest bank

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Title : State Bank of India(SBI) all set to become 45th largest bank
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State Bank of India(SBI) all set to become 45th largest bank

State Bank of India(SBI) will be merging its five associate banks with itself from April 1 to become the 45th largest bank in the world.

The five associate banks are State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Hyderabad.

It is estimated that after the merger, SBI will have a combined balance sheet size of  Rs41 lakh crore, with 22,500 branches and 58,000 ATMs servicing over 50 crore customers.


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