Financial Inclusuion Current Affairs, GK & News

Financial Inclusuion  Current Affairs, GK & News

Union Cabinet approves merger of 5 associate banks with SBI

The Union Cabinet has approved merger of country’s largest lender State Bank of India (SBI) and its associate banks in order to bring the state-owned entity on a par with global lenders. 5 associate banks of SBI are: (i) State Bank of Bikaner and Jaipur, (ii) State Bank of Hyderabad, (iii) State Bank of Mysore, ..