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State Bank of Bikaner & Jaipur: Updates on Acquisition of State Bank of Bikaner & Jaipur (SBBJ) by State Bank of India (SBI)


With reference to the earlier letter dated February 16, 2017, State Bank of Bikaner and Jaipur has now informed BSE that
the Government of India has issued the ?Acquisition State Bank of Bikaner & Jaipur Order, 2017? dated February 22, 2017 under sub-section (2) Section 35 of the State Bank of India Act, 1955.

In terms of the Order, the entire undertaking of State Bank Bikaner & Jaipur shall stand transferred to and vest in the State Bank of India from April 01, 2017.

The Company submit herewith a copy of the Order which has been published in the Gazette of India on February 23, 2017.