robb1,
OK. You get the same readings with the AVO. And the readings agree with the capacitor ratings? Then your measurements seem to be OK.
Is your current transformer connected to measure current between Y-point of bank 1 and bank 2? (I assume it is).
Re-reading your original question, I find that you are pointing to the problem in the latter part of the question: "...will another Bank in parallel (selected to the same bus) have any effect on this?? "
Yes, it surely will. When you connect the first capacitor, the impedance of the bus keeps capacitor charging currents low. But, when the second bank is connected, the impedance will be extremely low (impedance of the two capacitors) and the corresponding current will be high. This will trip modern breakers with electronic/digital tripping devices.
The standard remedy is to incorporate a set of series reactors (usually air cored) to limit the switching currents. Such reactors are usually needed to avoid problems with the breakers as well. Without them, you will have premature aging and also a risk that the breakers weld together as a result of the high and short (a few tens of microseconds) current that results from the low impedance in the circuit.
So, if you do not have a clear indication that the unbalance relay trips, you may have a problem with low impedance when the second bank is switched in. Especially if your breakers have modern (fast) tripping devices and if your capacitor banks are without reactors.
I am very interested in some feed back on this. We have had the same problem with Siemens and also SACE breakers. Installing reactors cured the problem.