State Bank of India announces BIG changes after merger

Posted on:11 Dec 2017 10:52:11
State Bank of India announces BIG changes after merger
11 December 2017 Current Affairs: The State Bank of India (SBI) changed names and IFSC codes of nearly 1,300 of its branches post-merger of its five associates.

The bank has close to 23,000 branches.

The changes were made for the branches located in major cities including Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow, among others. The bank has put up the list of branches with old and new names and IFSC codes on its website. 

In April this year, SBI merged its five associate banks State Bank of Bikaner and Jaipur, State Bank of Patiala, State Bank of Travancore, State Bank of Hyderabad, State Bank of Mysore and also Bhartiya Mahila Bank into itself.

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