Question : MERGER OF BANKS

(a) whether there is any proposal to merge all the subsidiary banks of State Bank of India with SBI;

(b) if so, the details thereof along with the steps taken / proposed to be taken to protect the interests of the employees of the subsidiary banks;

(c) whether any roadmap has been chalked out in this regard; and

(d) if so, the details thereof?

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)

(a): No, Sir.

(b): Does not arise.

(c) and (d): State Bank of India has reported that no road map has been chalked out in this regard.