SBI MERGER TO GO THROUGH WITHOUT FALLOUT
Arundhati Bhattacharya, chairperson of the SBI group, has said that the upcoming merger between five associate banks, Bhartiya Mahila Bank and SBI is set to go through without a loss of jobs. Despite a strike protesting the blockbuster merger, Bhattacharya has said the merger will continue to go through. However, Bhattacharya’s assertions of the process being completed by the end of the year did nothing to quell banking employee’s fears of layoffs. Operations at all branches stalled across the country as employees went on strike.