Question

Bharatiya Mahila Bank, which was established on 19th November, 2013 has been merged with which of the following banks on 1st April, 2017?

• A. Canara Bank
• B. State Bank of India
• C. Indian Bank
• D. Bank of Baroda

Hint:

BMB’s merger was part of SBI’s massive 2017 consolidation—always associate major mergers from that year with SBI.

Answer 1

The Correct Option is B

The Bharatiya Mahila Bank (BMB) was established as a public sector bank focused on the financial inclusion of women.
On 1st April 2017, it was merged with the State Bank of India (SBI) along with its five associate banks.
This merger was part of the consolidation strategy to improve operational efficiency and reach.
It enabled BMB account holders to access the broader SBI infrastructure across India.