State Bank of Travancore

State Bank of Travancore
FormerlyTravancore Bank Ltd.
Company typePublic
NSE: SBT
BSE: 532191
IndustryBanking
Capital Markets and
allied industries
Founded12 September 1945; 79 years ago (1945-09-12)
(as Travancore Bank Ltd.)
FounderChithira Thirunal Balarama Varma
Defunct31 March 2017 (2017-03-31)
FateMerged with State Bank of India
SuccessorState Bank of India
HeadquartersPoojappura, Thiruvananthapuram, India
Number of locations
1,157 Branches, 12 Extension counters and 1,602 ATM Counters
Area served
Kerala
Services
Number of employees
14,069 (2015)
ParentState Bank of India

State Bank of Travancore (SBT) was a major Indian bank headquartered in Thiruvananthapuram, Kerala, and was a major associate of State Bank of India.

SBT was a subsidiary of the State Bank Group, but also had private share-holders. It was the premier bank of Kerala. Overall, As of 31 March 2015, SBT had a network of 1,157 branches and 1,602 ATMs, covering 18 states and three union territories.

On 15 February 2017, the Union Cabinet approved a proposal to merge SBT and four other associate banks with SBI.[1] It finally merged with its parent bank on 31 March 2017.

  1. ^ "Ahead of merger with SBI, associate SBT to raise up to Rs 600 crore". The Economic Times. Retrieved 18 February 2017.