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SBH chief rules out merger with SBI at present
September 1, 2013September 1, 2013by In Infrastructure Finance

SBH chief rules out merger with SBI at present

M Bhagavantha Rao, Managing Director of State Bank of Hyderabad (SBH) ruled out the possibility of merger of the bank with State Bank of India (SBI) at the moment considering the bifurcation of Andhra Pradesh. It may be recalled that a separate state of Telangana has been carved out from Andhra Pradesh recently and the ensuing political situation is not cond