BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which among the following Bank is not merged with State Bank of India (SBI) in April 2017?
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State Bank of Bikaner and Jaipur (SBBJ)
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State Bank of Mysore (SBM)
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State Bank of Travancore (SBT)
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State Bank of Indore (SBI)
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Explanation:
Detailed explanation-1: -Five of SBI associate banks along with Bhartiya Mahila Bank merged with SBI on April 2017. 3 Presidency banks, Bank of Bombay, Bank of Madras, and Bank of Bengal were merged to form Imperial banks in 1921.
Detailed explanation-2: -On 26 August 2010 State Bank of Indore officially merged into State Bank of India. At the time of the merger the bank had over 470 branches in more than 300 cities and towns. In March 2009, the business turnover of State Bank of Indore exceeded Rs. 500 billion.
Detailed explanation-3: -State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group. It merged with State Bank of India on 1 April 2017.
There is 1 question to complete.