Evolution and Development of State Bank Of India

I want to know some information about Evolution and Development of State Bank Of India, so would you like to provide here Evolution and Development of State Bank Of India???

[Quick Sam]

The origin of the State Bank of India is with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806.

After Three years the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809).

This was the first joint-stock bank of British India sponsored by the Government of Bengal.

The Bank of Bombay and the Bank of Madras followed the Bank of Bengal.

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Hello sir I am Jay, please tell me how the Evolution and Development of State Bank of India happen??

[sumit]

As you want to know about Evolution and Development of State Bank of India happen so let me tell you that:
The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806.
Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809)
Bank of Bengal is unique institution as it was the first joint-stock bank of British India sponsored by the Government of Bengal.
The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal.
These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921.
Pursuant to the provisions of the State Bank of India Act of 1955, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India.
On 1 July 1955, the imperial Bank of India became the State Bank of India.