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        Case ID :
        Income Tax

        Merger of Bharatiya Mahila Bank with State Bank of India

        April 7, 2017

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        Bank merger consolidating a gender-focused lender into a larger bank to secure economies of scale and stronger supervision. Approval of the acquisition of Bharatiya Mahila Bank by State Bank of India effected on the stated effective date consolidates a gender-focused banking institution into a larger public-sector bank to achieve economies of scale, enhanced operational efficiency, strengthened supervision and compliance, improved productivity and better risk management; the merger record notes the bank's branch network, loan portfolio to women entrepreneurs and reported non-performing assets as transactional context.

        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>Bank merger consolidating a gender-focused lender into a larger bank to secure economies of scale and stronger supervision.</h1> Approval of the acquisition of Bharatiya Mahila Bank by State Bank of India effected on the stated effective date consolidates a gender-focused banking institution into a larger public-sector bank to achieve economies of scale, enhanced operational efficiency, strengthened supervision and compliance, improved productivity and better risk management; the merger record notes the bank's branch network, loan portfolio to women entrepreneurs and reported non-performing assets as transactional context.

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