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Which of the following is a subsidiary of SBI?
  • a)
    State Bank of Hyderabad
  • b)
    State Bank of Mysore
  • c)
    State Bank of Patiala
  • d)
    All the above
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which of the following is a subsidiary of SBI?a)State Bank of Hyderaba...
SBI has 5 subsidiaries now. The other 2 are State Bank of Bikaner and Jaipur and State Bank of Travancore.
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Which of the following is a subsidiary of SBI?a)State Bank of Hyderaba...
State Bank of India (SBI) is a leading public sector bank in India. It has several subsidiaries, which are separate entities that are partially or wholly owned by SBI. These subsidiaries operate under their own brand names but are controlled by SBI. One such subsidiary is State Bank of Hyderabad (SBH), which is located in the state of Telangana. SBH was initially a state-owned bank before becoming a subsidiary of SBI in 1956.

Another subsidiary of SBI is State Bank of Mysore (SBM), which is located in the state of Karnataka. SBM was also a state-owned bank before becoming a subsidiary of SBI in 1960. It provides various banking services and products to its customers.

State Bank of Patiala (SBP) is yet another subsidiary of SBI. It is located in the state of Punjab. SBP was founded in 1917 as a state-owned bank and later became a subsidiary of SBI in 1960. It offers a wide range of banking services and products to its customers.

Therefore, all of the above options (a), (b), and (c) - State Bank of Hyderabad, State Bank of Mysore, and State Bank of Patiala - are subsidiaries of SBI. These subsidiaries function under the overall supervision and control of SBI, contributing to the diverse banking network and services offered by SBI to its customers across different regions of India.
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Which of the following is a subsidiary of SBI?a)State Bank of Hyderabadb)State Bank of Mysorec)State Bank of Patialad)All the aboveCorrect answer is option 'D'. Can you explain this answer?
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