2017
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
31 March 2017
|
|
|
1 April 2017
|
|
|
15 April 2015
|
|
|
1 May 2016
|
Detailed explanation-1: -Associate banks’ to function as SBI branches from April 1.
Detailed explanation-2: -Associate Banks of State Bank of India 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-3: -Seven subsidiaries of SBI are: State Bank of Mysore. State Bank of Patiala. State Bank of Saurashtra merged in 2008. State Bank of Travancore.
Detailed explanation-4: -In June 2016, the Cabinet approved the merger of State Bank of India (SBI) and five of its subsidiary banks to make it a global-sized bank. The merged entity will become a banking behemoth with an asset base of about Rs 37 lakh crore with 22, 500 branches and 58, 000 ATMs.