Answer» Correct Answer - Option 2 : 5
The correct answer is 5. - 5 associate banks were merged with the State Bank of India in the year 2017.
- These banks were
- State Bank of Bikaner and Jaipur (SBBJ),
- State Bank of Travancore (SBT),
- State Bank of Patiala (SBP),
- State Bank of Mysore (SBM),
- State Bank of Hyderabad (SBH).
- The merger was approved by the cabinet in June 2016 to make it a global-sized bank.
- The government order read “the entire undertaking of SBBJ, SBM, SBT, SBP and SBH shall stand transferred to and vested in the State Bank of India from April 01, 2017.”
- State Bank of Saurashtra was merged with SBI in 2008.
- State Bank of Indore was merged with it in 2010.
- State Bank of India
- Headquarters- Mumbai, Maharashtra
- Chairperson- Dinesh Kumar Khara
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