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Detailed explanation-1: -SBI to become a single entity by April 2017 with its subsidiaries-The Economic Times.
Detailed explanation-2: -The first step towards unification occurred on 13 August 2008 when State Bank of Saurashtra merged with SBI, reducing the number of associate state banks from seven to six.
Detailed explanation-3: -[10th September, 1959.] An Act to provide for the formation of certain Government or Government associated banks as subsidiaries of the State Bank of India and for the constitution, management and control of the subsidiary banks so formed, and for matters connected therewith, or incidental thereto.
Detailed explanation-4: -Associate Banks of State Bank of India On 1st April 2017, SBI merged with 5 of its associate banks and one other bank. This brought into SBI the 50 largest banks in the world. These associate banks included State Bank of Jaipur, Bikaner, Mysore, Travancore, Hyderabad, and Patiala.
Detailed explanation-5: -Seven subsidiaries of SBI are: State Bank of Bikaner and Jaipur. State Bank of Hyderabad. State Bank of Indore merged in 2009. State Bank of Mysore.