State Bank of India (SBI) plans to finalize the merger of six associate banks by early next year. This strategic move aims to streamline operations and enhance efficiency. The merger includes State Bank of Bikaner and Jaipur, State Bank of Travancore, and others. By consolidating, SBI anticipates better resource management and improved customer service. This merger is part of a broader effort to strengthen India's banking sector, making it more robust and competitive on a global scale.