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SBI Postpones Merger Plan with Associate Banks

January 9, 2009 · Filed Under Banking, Mergers & Acquisitions, finance news · Comment 

India’s Largest Lender, state owned State Bank of India has adopted a wait and see attitude towards the proposed merger with six associate banks. SBI chairman OP Bhatt said there were no further merger plans for the time being after having completed the merger with State Bank of Saurashtra (SBS).

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