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1921: The presidency banks are merged to form a single entity, Imperial Bank of India.
1955: The nationalization of Imperial Bank of India results in the formation of the State Bank of India, which then becomes a primary factor behind the country's industrial, agricultural, and rural development.
What else can I help you with?
How do you become a Judicial Magistrate first class in Maharashtra state of India?
One has to appear for the Judicial Examinations of the state in order to become a Judicial Magistrate of Maharashtra in India.
What type of an enterprise is state bank of India?
It's Public Limited.
How Oil India limited companies corporations are set up?
Indian Oil Corporation Limited company is set up as a state-owned oil and gas corporation. As of 2012, the company ranks as the world's 83rd largest public corporation.
What is the Importance of public sector banks in India?
Public sector banks are banks that are owned by the government of India. The most important use of public sector banks is the fact that, it is used by the government to dispense the pension amounts for the retired employees of state and central government if India.
Which is the oldest Public Sector Bank in India?
The first nationalized or public sector bank of India was State Bank of India. It was nationalized in the year 1955. Subsequently many banks were nationalized in the year 1969 and some more in 1980. SBI is also the largest bank in India.
Which public company has the largest number of employees in India?
state bank of India
Is a bank a private entity?
Not always. Banks can be private or public. For example in India ICICI Bank is a private banking entity owned by a company while State Bank of India is a public entity owned by the government of India. All countries have a combination of private and public banks
The largest public sector Commercial Bank of India is the?
State Bank Of India
Public sector banks in India?
State Bank of India
Which one is largest public sector bank in India?
State Bank of India is the largest public sector bank in India
When did India become a state?
became state in 1816
Should india become a communist state?
no.
When Ltd follows a company's name what type of company is it?
A limited company is a company with limited liability. As per the company law, a company is legal entity and can have assets and liabilities. In India, we have two types of Limited companies i.e. a public limited company and a private limited company. A public limited company has its shareholders as public and a private limited is owned and governed by an individual or a group of individuals.
Who appoints chief ministers of states in India?
public appoints the chief minister of state in india.
What are the public sector banks in India?
State Bank of India and its subsidiaries, all nationalized banks.
How do you become a Judicial Magistrate first class in Maharashtra state of India?
One has to appear for the Judicial Examinations of the state in order to become a Judicial Magistrate of Maharashtra in India.
What type of an enterprise is state bank of India?
It's Public Limited.
