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Discussion

Five associate banks and Bharatiya Mahila Bank(BMB) were merged with SBI effect from __________________________

  • A.April 1, 2017
  • B.February 15, 2017
  • C.March 20, 2017
  • D.January 1, 2017

Answer: A

On 15 February 2017, the Union Cabinet approved the merger of five associate banks with SBIThe State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore, and Bharatiya Mahila Bank were merged with State Bank of India with effect from 1 April 2017

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