All the branches of State Bank of Saurashtra will now function as branches of State Bank of India. Customers, including depositors, of State Bank of Saurashtra will be able to operate their accounts as customers of State Bank of India.

The Government of India has issued the Acquisition of State Bank of Saurashtra Order 2008. Accordingly, the notification dated August 13, 2008 issued by Government of India was published in the Gazette of India under Extraordinary Part II-Section 3-sub section (l), sanctioning the Acquisition of State Bank of Saurashtra (transferor bank) by State Bank of India (transferee bank) in terms of section 35(2) of the State Bank of India Act, 1955. The Order of Acquisition shall be effective on and from August 13, 2008.

Alpana Killawala
Chief General Manager