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State Bank of India plans to merge five of its subsidiary banks, including State Bank of Hyderabad and State Bank of Patiala, which will create one of the largest banks in the world by customers. The merger would consolidate over 50 crore customers under one roof, allowing them to access over 22,500 ATMs and 58,000 branches while also making debt recovery easier. It would increase SBI's capital and enable it to fund larger projects.




