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Thrissur Memories of SBTians

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Worked in SBT, Thrissur? Participated in the get together on 25.10.25? (“No”. Then  You missed a page of the glorious history of SBT) A "Get together of SBT Officers Thrissur on 25.10.25 " whatsapp group was opened by Shri Prasad on 23rd July 2025. More than 700 eligibles joined the group within 45 days (the group strength now is 726). 326 members confirmed participation and 300 plus happily joined the celebrations on the "D Day" at Casino Hotel Thrissur. Unbelievable, but made possible by the team led by Prasad and the ever willing SBTHRISSURians of yesteryears. Travancore Bank with the 'elephant' logo and SBT with 'long tradition of trust' emblem welcomed us. The function started with the famous SBT Song. A formal inauguration of "lighting the lamp" by the old 'elite' added colours to the event. The ever dependable Harishankar (I am his batchmate😊) wore different hats on that day. Shri Sunil performed the role of master of ceremo...
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SBT’s SADHABHISHEGAM Tomorrow

SBT's Sadhabishegam on 12th Sep' 2025  Whenever I think about SBI and its erstwhile associate banks, I could not help, but recollect the story of King Shantanu’s marriage with the River Ganges and their seven babies, born prior to Bhishma (their eighth son). Like the first seven babies thrown into the river and got merged with their mother River Ganges, the seven associate banks (AB) were merged into their parent SBI on 31st March 2017. The comparison ends there. A hesitant parent had to merge its seven unwilling ABs with itself, due to an arrangement fixed by SBI’s major shareholder viz. the Government of India. Unlike the seven babies, who were submerged in their mother river on day one, the seven ABs were allowed to grow for nearly 58 years before their merger with their parent. Again SBI was an adopted mother for the seven ABs, which were in existence, prior to them being sworn in as subsidiaries of SBI. So, when the merger took place, thousands of the stake holders of ABs ...
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ADANI may acquire JAL: Interesting facts

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  AEL may acquire JAL:  Interesting facts put together Fact 3:  National Asset Reconstruction Company Ltd. (NARCL) led Committee of Creditors (CoC) approved Adani Enterprises Ltd's (AEL) bid of ₹ 12731 Cr. (total resolution plan value app. ₹ 14535 Cr.) to acquire debt-ridden Jaiprakash Associates Ltd.(JAL), though Vedanta Group offered ₹ 16000 Cr. AEL's offer of an upfront cash payment of ₹ 6005 Cr. and payment of balance amount over two years thereafter, appear to have found favour with CoC as against the offer of Vedanta, which offered an upfront cash payment of ₹ 3800 Cr. and paying the balance amount over five years. NARCL has the highest exposure of ₹ 49,119 Cr., followed by Asset Care & Reconstruction Enterprise (ACRE) (₹ 2,315 Cr.) and the two ARCs  together  hold nearly 90% of the total voting share in the CoC. Creditors' total exposure to JAL was ₹ 57185 cr. The offer of AEL works out to 22% of the total exposure. Fact 1: A  new National Asset ...
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