Multiple choice

Which of the following banks will be merged first with SBI?

  1. State Bank of Saurashtra

  2. State Bank of Indore

  3. State Bank of Patiala

  4. State Bank of Bikaner and Jaipur

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A Correct answer
Explanation

The State Bank of Saurashtra was the first of the seven associate banks to be merged with the State Bank of India in August 2008. This was the beginning of the consolidation process of the SBI group to create a larger, more competitive banking entity. The State Bank of Indore followed in 2010, and the remaining associates merged in 2017.