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There are various things including financial performance which have to be looked at before a merger decision is taken, said the official at the ministry.
Replying to another question, Gangwar said RBI has informed that there is no proposal under consideration of levying parking surcharge on deposits.
Five associates and the Bharatiya Mahila Bank became part of State Bank of India (SBI) beginning April 1, catapulting the country's largest lender to among the top 50 banks in the world.
As part of a three-tier structure there would be at least 3-4 banks of the size of SBI.
The clear picture would emerge only after the Niti Aayog report sets the tone and tenure of the roadmap for the second round of consolidation in the banking sector.
There are factors like regional balance, geographical reach, financial burden and smooth resource transition that have to be looked into while taking a decision.
According to economists, usually credit growth is faster than nominal GDP growth but now it is trailing the nominal GDP growth by a wider margin.
The iconic SBI Blue has been refreshed, and the family of colours expanded for scale of usage and approachability.
SBI will now enjoy a customer base of 37 crore, who will be catered by a branch network of around 24000 and nearly 59000 ATMs across the country.
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