(PTI)
Post the merger of its five associates, State Bank of India has changed names and IFSC codes of nearly 1,300 of its branches. The country’s largest lender has changed the names and IFSC codes of branches located in major cities such as Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow, among others.
“Some of our old associate branches are getting merged with SBI branches. When that merger happens, the IFSC codes get changed,” the bank’s managing director (retail and digital banking), PraveenBSE 5.00 % Gupta, said. He said customers have been informed about the change in IFSC codes, but internally also the bank has mapped them to the new codes.
