New Delhi: Government is considering giving a one-year extension to SBI chief Arundhati Bhattacharya amid the lender’s consolidation with its associate banks. SBI has five associate lenders—State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad. Among the associate banks, State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Travancore are listed. SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.

Source: Mint September 18, 2016 10:18 UTC