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State Bank of Patiala News

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In order to receive new cheque books, one can visit the nearest bank branch or can even use the ATM or mobile app.
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Bharatiya Mahila Bank (BMB) will be merged with the country's largest lender State Bank from April 1 to ensure greater banking outreach to women.
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State Bank of India's board on Thursday approved merger of three associate lenders and Bharatiya Mahila Bank (BMBL) with SBI, a move which will make the state owned lender a bank of global size.
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Global credit rating agency Moody's Investors Service on Friday said the merger idea mooted by State Bank of India (SBI) of six banks with itself would cost around Rs 16.6 billion ($250 million) and will have limited impact on its credit metrics.
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The Central Vigilance Commission is awaiting sanction from different departments for over four months to prosecute 47 government employees, including some IAS officials, for their alleged involvement in corruption.
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The All India Bank Employees Association claimed that 50,000 employees participated in the strike today.
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SSBEA comprise unions in the associate banks of State Bank of Bikaner & Jaipur, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad and State Bank of Patiala.
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SBI has five associates -- State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.
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SBI first merged its State Bank of Saurashtra with itself in 2008. Two years later in 2010, State Bank of Indore was merged with SBI.






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