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Saturday, Jan 19, 2008
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Opinion - Letters
SBI consolidation

The objection to the merger of the State Bank of India with its associates is illogical in approach and emotional in content.

A merger between two healthy banks is good for the customers and the economy, provided all the critical factors in the merger process are duly observed.

It is true that the associate banks are doing well; they will perform even better after the merger.

Post-merger, the bank can conduct social banking and commercial banking more effectively. Fears to the contrary are unfounded.

S. Arunajatesan, Chennai

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