Auto rickshaws wait in front of the head office of State Bank of India (SBI) in New Delhi August 12, 2013. SBI, the country’s largest lender, posted a second consecutive drop in quarterly net profit, missing estimates, on worsening asset quality, higher operating expenses and muted growth in interest income. REUTERS/Anindito Mukherjee (INDIA – Tags: BUSINESS) – RTX12I6I Photo Credit: Reuters

Why the SBI merger may accelerate consolidation in India’s banking sector

14 March, 2017

Come April, India will be home to one of the largest banks in the world. The merger of the government-owned State Bank of India (SBI) with its five associate banks will create a behemoth that will be among the top 50 global banks.


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Why the SBI merger may accelerate consolidation in India’s banking sector

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