Important Acquisitions in the Indian for SBI/IBPS PO & CLERK – Banking Industry

Important Acquisitions in the Indian for SBI/IBPS PO & CLERK – Banking Industry

An acquisition is a corporate decision in which a company buys most, if not all, of another company’s ownership stakes to take control of it. An acquisition occurs when a company buys more than 50% ownership in a target company. It can be done to expand a company’s reach, expand into new segments, or gain market share.

Here, we are discussing some of the important acquisitions in banking sector which are important from the bank exams point of view.

So, let us discuss them in detail:

Bank which                         acquired	Bank which got acquired	Year of Acquisition
State Bank of India	5 SBI‘s Associate Banks & Bharatiya Mahila Bank	2017
State Bank of India	State Bank of Indore	2009
State Bank of India	State Bank of Saurashtra	2008
State bank of India	Bank of Cochin	1985
State Bank of India	Kashinath State Bank	1995
Canara Bank	Lakshmi Commercial Bank	1985
Indian Overseas Bank	Bharat Overseas Bank	2007

Lean complete Acquisitions in the Indian

General Awareness for Bank PO & Clerk – Static Awareness of UTTAR PRADESH (UP)

STATIC AWARENESS OF BIHAR

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