SBI subsidiary merger

Q.  Which subsidiary bank was merged with the State Bank of India on August 13, 2008?
- Published on 07 Feb 17

a. State Bank of Hyderabad
b. State Bank of Indore
c. State Bank of Mysore
d. State Bank of Saurashtra

ANSWER: State Bank of Saurashtra
 
State Bank of Saurashtra was a government-owned bank in India.

It was one of the seven Associate Banks of the State Bank of India, with which it merged on 13 August 2008.

At the time of the merger, the Bank had a network of 423 branches spread over 15 states and the Union Territory of Daman and Diu.

Similarly, State Bank of Indore (Indore Bank) was a government-owned Indian bank and the largest of State Bank of India's (SBI) six associate bank subsidiaries.

On 26 August 2010, State Bank of Indore officially merged into State Bank of India.

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