Question

With which bank did the State Bank of Travancore merge?

• A. Federal Bank
• B. Punjab National Bank
• C. State Bank of India (SBI)
• D. Kerala Bank

Answer 1

Answer:

C. State Bank of India (SBI)

Banking- Kerala

• 2011 - Kerala was declared as India's first complete banking state

• Palakkad is the first complete banking district in Kerala

• State Bank of Travancore was established in 1945

• Year of merger of State Bank of Travancore with SBI – 1st April 2017

• First bank in India to launch electronic mobile passbook- Federal Bank