SBI 2 LAST

Date:

With merger of all the five associates and BMBL, SBI will With merger of all the five associates and BMBL, SBI willbecome a global-sized bank and could compete with the largestin the world, with an asset base of Rs 37 trillion (Rs 37 lakhcrore) or over USD 555 billion, with 22,500 branches and58,000 ATMs. It will have over 50 crore customers. SBI has close to 16,500 branches, including 191 foreignoffices spread across 36 countries. It first merged State Bank of Saurashtra with itself in2008. Two years later, State Bank of Indore was merged. On Thursday, the SBI stock closed at Rs 248.20, up 0.79per cent on BSE. SBBJ shares ended the day at Rs 673.30 apiece, up 3.49 per cent while those of SBM were up 2.06 percent at Rs 621.70. State Bank of Patiala and State Bank of Hyderabad are notlisted. PTI BKSARD

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Two Killed, Several Injured As Dust Storm Hits Delhi-NCR

New Delhi: A massive dust and thunderstorm wreaked havoc...

NewsMobile Morning Brief

Kejriwal Walks Out Of Jail After 50 Days; To...

Kejriwal Walks Out Of Jail After 50 Days; To Hold Roadshow Today

New Delhi: Delhi Chief Minister Arvind Kejriwal is set...

Fact Check: Is Dubai Ground Sinking After The Recent Flash Floods? Here’s The Truth

A video recorded from a drone is widely shared...