Decision on Associate Bank Merger Soon: SBI Chairman Pratip Chaudhari

Decision on Associate Bank Merger Soon – SBI Chairman Pratip Chaudhari.

Pratip Chaudhari, Chairman of State Bank of India,Pratip Chaudhuri SBI CMD today said one of its associate banks would be taken up for merger during this quarter.

Talking to reporters after inaugurating the State of Bank of Travancore’s (SBT’s) community service activities here, he said it took two years for stabilization after the merger of Bank of Saurashtra.

Discussions with banks and government were progressing on identifying the bank for merger, he said, adding that “we have not yet zeroed down any particular name so far”.

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