Saturday, August 20, 2016

India's SBI says will gain $120 bln in assets from takeover of units

NEW DELHI, Aug 20 (Reuters) - State Bank of India (SBI)

, the nation's biggest lender by assets, will gain $120

billion in assets following its merger with associate banks and

Bhartiya Mahila Bank, the lender said in a statement on

Saturday.

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