Establishment Of SBBJ

Hello sir, in which year the SBBJ was established? Is there any one can tell me when SBBJ was established?

[Rajkumar Agarwal]

In 1963 at Jaipur the SBBJ bank was established. The SBBJ was open its first branch in Jaipur.

1963, Jaipur

On January 1, 1963, bank of Bikaner and Bank of Jaipur both banks were merged into one entity viz. State Bank of Bikaner and Jaipur.

The constitution, capital, management and other matters pertaining to the Bank are governed by the provisions of SBI (Subsidiary Banks) Act, 1959.

SBBJ had 1,360 branches, mostly located in the state of Rajasthan, India.

In 1997, the Bank entered in the capital market with an Initial Public Offering of 13,60,000 shares at a premium of Rs 440 per share.

For the year 2015-16 the net profit of the company was 850.60 Crore

On 25 April 1966 SBBJ took over Govind Bank (Private) Ltd., Mathura, established on 8 February 1963

SBBJ services:

Personal Banking
NRI Services
International Banking
Corporate Banking
Agriculture Products
Service to SMEs
Govt. Business
Financial Inclusion
Zero Balance Current Account
Other Services