Merger of State Bank of India (SBI) with its five subsidiaries; The existing customers of Subsidiary Banks will have access to SBI global network which has presence in all the time zones https://www.taxtmi.com/news?id=17620 The merger created a single operating bank by integrating five subsidiary banks, unifying branch networks and systems to achieve economies of scale, operational efficiency, improved supervision and compliance, and enhanced productivity and customer service. Credit exposures are centralised under one entity to enable focused oversight of the aggregated credit portfolio and stressed assets, while customers of the merged subsidiaries obtain access to the unified bank's global network. en-us Fri, 17 Mar 2017 18:23:54 +0530 Fri, 17 Mar 2017 18:23:54 +0530 TaxTMI RSS Generator Merger of State Bank of India (SBI) with its five subsidiaries; The existing customers of Subsidiary Banks will have access to SBI global network which has presence in all the time zones https://www.taxtmi.com/news?id=17620 The merger created a single operating bank by integrating five subsidiary banks, unifying branch networks and systems to achieve economies of scale, operational efficiency, improved supervision and compliance, and enhanced productivity and customer service. Credit exposures are centralised under one entity to enable focused oversight of the aggregated credit portfolio and stressed assets, while customers of the merged subsidiaries obtain access to the unified bank's global network. News - Fri, 17 Mar 2017 18:23:54 +0530 https://www.taxtmi.com/news?id=17620