Tuesday, August 20, 2013

All subsidiaries will be merged with SBI in next 10 years: Chairman

The State Bank of India has chalked out plans to merge all its subsidiaries with itself in the next 10 years. India’s largest bank will merge one subsidiary every two years. “It will take two years to digest a merger, as we have to work on branch rationalisation and various issues,” said Pratip Chaudhuri, Chairman, SBI..........

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