State Bank Of India Earlier Name

I want to know the Earlier Name of State Bank Of India SBI so can you tell me? Also provide me the other details of the bank?

[Rajkumar Agarwal]

The Imperial Bank of India (IBI) was the oldest and the largest commercial bank of the Indian subcontinent, and was subsequently transformed into State Bank of India in 1955.

The Imperial Bank of India came into existence on 27 January 1921 by J.M. Keynes.

When the three Presidency Banks of colonial India, were reorganised and amalgamated to form a single banking entity.

The three Presidency banks were the Bank of Bengal, the Bank of Bombay and the Bank of Madras.

In 1959, the government passed the State Bank of India (Subsidiary Banks) Act.

The government integrated these banks into the State Bank of India system to expand its rural outreach. In 1963 SBI merged State Bank of Jaipur and State Bank of Bikaner

There has been a proposal to merge all the associate banks into SBI to create a "mega bank" and streamline the group's operations

On 1st April, 2017, State Bank of India, which is India's largest Bank merged with five of its Associate Banks (State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore) and Bharatiya Mahila Bank with itself.

SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs).

SBI has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout India.

Customer service: 1800 425 3800