SBI gets new logo and enters in the league of top 50 Global Banks

From April 1, the associate banks which will be merging with State Bank of India will sport the lender’s signage and logo, with its iconic keyhole set against the background of inky blue.

The background to the SBI signboard has been changed from white to “inky blue” while the SBI logo or the monogram is a few shades lighter than the existing blue. On the design, “SBI” legend will be seen in white colour and will be written in a new font called Effra.
In February the government gave its final nod to merge five SBI associates – State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) with itself. As per the Reserve Bank of India, all branches of the associate banks will function as branches of SBI from April 1, 2017.
With The merger, State Bank of India will enter the league of Top 50 Global Banks with a balance sheet size of Rs. 41 trillion.

    Takeaways from above News-
    • Public Lender State Bank of India gets a new logo
    • State Bank of India will enter in the league of Top 50 Global Banks with a balance sheet size of Rs. 41 trillion
    • SBI will be written in a new font called Effra
    • Chairman of SBI is Mrs. Arundhati Bhattacharya

    If you have any other takeaways, do share with us in the comment section
    Source- The Hindu

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