Source :TNN, Apr 27, 2011, 07.03am IST
State Bank of Patiala and State Bank of Hyderabad are expected to be next in line for merger with State Bank of India, SBI chief Pratip Chaudhuri said on Tuesday.
Chaudhuri, who was in the national capital to attend the review meeting of state-run banks convened by the finance ministry, said both associate banks were 100% owned by SBI and it would provide some flexibility if these two banks were taken up for merger.
"It is easier to merge when you have 100% ownership," Chaudhuri told TOI. He said the discussions were on and a decision was expected soon.
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