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News
SBI subsidiaries merger
SBI subsidiaries merger News
State Bank of India
07 Apr 2017
SBI bad loans balloon, post-merger provisioning may rise
The bank will likely have to increase its provisioning for bad loans -- setting aside money to partly cover the non-performing assets (NPAs) following its merger with five subsidiaries.
SBI
12 Jun 2016
SBI begins working on framework for subsidiaries merger
"A team of 15-20 members has been set up and it has started working on the framework for the merger. The team is headed by a general manager and there are a few deputy general managers," a source said.
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