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Cabinet to consider SBS-SBI merger
 
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January 29, 2008 14:24 IST
Undeterred by a countrywide banking strike on Friday, the Cabinet is likely to take up next week a proposal for merger of State Bank of [Get Quote] Saurashtra with its parent State Bank of India [Get Quote], Finance Ministry sources said.

While boards of both the banks had approved the merger plan, bank employees went on one-day strike protesting the move.


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