Last Updated : Jan 19 2019 8:42PM     Screen Reader Access
News Highlights
PM Modi inaugurates National Museum of Indian Cinema            Women to get 20% jobs in Military Police, says Defence Minister Nirmala Sitharaman            EAM Sushma Swaraj says terrorism is most serious challenge towards international peace, security            PM Modi lays foundation stone of Medical College in Silvassa            Indian Challenge ends at Malaysia Masters as Saina Nehwal loses to Carolina Marin of Spain in semifinal           

Business News

Jul 30, 2018
9:10PM

Parliament passes bill for merger of subsidiary banks with SBI

The Parliament has passed the State Banks (Repeal and Amendment) Bill, 2017 with the Lok Sabha approving the amendments sent by the Rajya Sabha. 

The Upper house had earlier passed the bill with amendments. 

The Bill seeks to repeal the State Bank of India (Subsidiary Banks) Act, 1959, the State Bank of Hyderabad Act, 1956 and further to amend the State Bank of India Act, 1955. 

Under it, the five associates banks that were merged are State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore. The merger of these banks is already in effect from 1st April, last year. 
 

   Related News

Live Twitter Feed

Listen News

Morning News 19 (Jan) Midday News 19 (Jan) News at Nine 18 (Jan) Hourly 19 (Jan) (2000hrs)
समाचार प्रभात 19 (Jan) दोपहर समाचार 19 (Jan) समाचार संध्या 18 (Jan) प्रति घंटा समाचार 19 (Jan) (1900hrs)
Khabarnama (Mor) 19 (Jan) Khabrein(Day) 19 (Jan) Khabrein(Eve) 18 (Jan)
Aaj Savere 19 (Jan) Parikrama 19 (Jan) Lok Ruchi Samachar 13 (Jan)

Listen Programs

Market Mantra 19 (Jan) Samayki 18 (Jan) Sports Scan 18 (Jan) Spotlight/News Analysis 18 (Jan)
    Public Speak

    Country wide 17 (Jan) Surkhiyon Mein 17 (Jan) Charcha Ka Vishai Ha 16 (Jan) Vaad-Samvaad 15 (Jan) Money Talk 15 (Jan) Current Affairs 18 (Jan)