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Which subsidiary bank was merged with the State Bank of India on August 13, 2008?


a. State Bank of Hyderabad

b. State Bank of Indore

c. State Bank of Mysore

d. State Bank of Saurashtra













ANSWER: State Bank of Saurashtra


Explanation:

State Bank of Saurashtra was a government-owned bank in India. It was one of the seven Associate Banks of the State Bank of India, with which it merged on 13 August 2008. At the time of the merger, the Bank had a network of 423 branches spread over 15 states and the Union Territory of Daman and Diu.