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 A Long Tradition of Trust | |
| Formerly | Travancore Bank Ltd. |
|---|---|
| Company type | Public |
| NSE: SBT BSE: 532191 | |
| Industry | Banking Capital Markets and allied industries |
| Founded | 12 September 1945 (as Travancore Bank Ltd.) |
| Founder | Chithira Thirunal Balarama Varma |
| Defunct | 31 March 2017 |
| Fate | Merged with State Bank of India |
| Successor | State Bank of India |
| Headquarters | Poojappura, 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) |
| Parent | State 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,[update] 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.
- ^ "Ahead of merger with SBI, associate SBT to raise up to Rs 600 crore". The Economic Times. Retrieved 18 February 2017.