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Q.

U tell what is the previous name of SBI

Asked by pankaj, 29 Oct '08 11:01 am
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Answers (4)

1.

Imperial Bank of India
Answered by rajnikant raiyarela, 16 May '11 09:17 pm

 
  
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2.

Imperial Bank of India
Answered by G Muni, 29 Oct '08 11:17 am

 
  
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The roots of the State Bank of India rest in the first decade of 19th century, when the Bank of Calcutta, later renamed the [[Bank of Bengal]], was established on 2 June 1806. The Bank of Bengal and two other Presidency banks, namely, the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks were incorporated as joint stock companies, and were the result of the royal charters. These three banks received the exclusive right to issue paper currency in 1861 with the Paper Currency Act, a right they retained until the formation of the Reserve Bank of India. The Presidency banks amalgamated on 27 January 1921, and the reorganized banking entity took as its name Imperial Bank of India. The Imperial Bank of India continued to remain a joint stock company.

Pursuant to the provisions of the State Bank of India Act (1955), the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the I ...more
Answered by Indra Datta, 29 Oct '08 11:13 am

 
  
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4.

Is it Imperial Bank of India?
Answered by narayanan, 29 Oct '08 11:03 am

 
  
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