GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following bank is going to be merged at first with SBI?
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State Bank of Saurashtra
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State Bank of Indore
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State Bank of Patiala
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State Bank of Bikaner and Jaipur
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Explanation:
Detailed explanation-1: -State Bank of Saurashtra merged in 2008. State Bank of Travancore.
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: -The associate bank was merged with the SBI in October 2008 following resolutions passed by the boards of both the banks.
There is 1 question to complete.