New Delhi: As part of its banking consolidation plans, the government plans to announce the merger of State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH) with parent State Bank of India (SBI) soon. Finance minister Pranab Mukherjee is expected to give the go-ahead for merging the two unlisted associate banks with SBI when he meets the bank’s management on August 6 in Mumbai.
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