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FINANCIAL INCLUSION AND DEVELOPMENT

This role encapsulates the essence of renewed national focus on Financial Inclusion, promoting financial education and literacy and making credit available to productive sectors of the economy including the rural and MSME sector.

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Date : Mar 30, 2017
Assignment of SLBC Convenorship - Telangana

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

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