5 associate banks

However, the proposal does not include merger of State Bank of Patiala and State Bank of Hyderabad (SBH) with SBI.  - Sakshi Post

SBI Board Approves Merger of 3 Associate Banks, BMBL 

Aug 18, 2016
SBM and SBT shareholders will get 22 shares of SBI for every 10 shares.
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