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<h1>Cabinet Approves Bharatiya Mahila Bank Merger with SBI to Boost Efficiency and Support Women Entrepreneurs Effective April 1, 2017.</h1> The Cabinet approved the merger of Bharatiya Mahila Bank with State Bank of India on March 15, 2017, effective from April 1, 2017. This merger aims to achieve economies of scale, enhance operational efficiency, and improve supervision, compliance, productivity, and risk management. As of March 31, 2017, Bharatiya Mahila Bank operated 103 branches and had extended loans amounting to Rs. 191.09 crore to women entrepreneurs, with non-performing assets totaling Rs. 5.25 crore. This information was provided by a government official in a written response to a parliamentary question.