Reserve Bank of India
RBI/2016-17/261
FIDD.CO.LBS.BC. No. 25/02.01.001/2016-17
March 30, 2017
The Chairmen and Managing Directors
SLBC Convenor Banks
Dear Sir,
Assignment of SLBC Convenorship – Telangana
As per the Gazette of India Notification G.S.R. 157 (E) dated February 22, 2017, the merger of State Bank of Hyderabad with State Bank of India has been notified. The Order called the ‘Acquisition of State Bank of Hyderabad Order, 2017’ comes into effect on April 1, 2017.
2. Therefore, it has been decided to assign the SLBC convenorship of the State of Telangana to State Bank of India.
3. There is no change in the SLBC convenorship of the other States.
Yours faithfully
(Ajay Kumar Misra)
Chief General Manager
