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Merger by the end of Sept - which one ? State Bank of Patiala or State Bank of Mysore !!!



 State Bank of IndiaBSE -3.41 %   today said it will announce the name of its associate   bank   for merger  by the end of next month, and would prefer an associate which is weak on deposit front. 

"We are in advanced stages of making up our mind on what to do about this (merger). We will be         making an announcement about one bank before September-end," Managing Director     and Group Executive for Subsidiaries and Associates S Vishwanathan     told reporters at the first quarter   earnings announcement. Chairman     Pratip Chaudhuri said the preference will be to pick an associate bank that is weak on the deposits front. 



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