SBI AO NOIDA - Noida
About SBI AO NOIDA
Presidency Banks of Bengal
The presidency Banks of Bengal, Bombay and Madras with their 70 branches were merged in 1921 to form the Imperial Bank of India. The triad had been transformed into a monolith and a giant among Indian commercial banks had emerged. The new bank took on the triple role of a commercial bank, a banker's bank and a banker to the government.
But this creation was preceded by years of deliberations on the need for a 'State Bank of India'. What eventually emerged was a 'half-way house' combining the functions of a commercial bank and a quasi-central bank.
The establishment of the Reserve Bank of India as the central bank of the country in 1935 ended the quasi-central banking role of the Imperial Bank. The latter ceased to be bankers to the Government of India and instead became agent of the Reserve Bank for the transaction of government business at centres at which the central bank was not established. But it continued to maintain currency chests and small coin depots and operate the remittance facilities scheme for other banks and the public on terms stipulated by the Reserve Bank. It also acted as a bankers' bank by holding their surplus cash and granting them advances against authorised securities. The management of the bank clearing houses also continued with it at many places where the Reserve Bank did not have offices. The bank was also the biggest tenderer at the Treasury bill auctions conducted by the Reserve Bank on behalf of the Government.
The establishment of the Reserve Bank simultaneously saw important amendments being made to the constitution of the Imperial Bank converting it into a purely commercial bank. The earlier restrictions on its business were removed and the bank was permitted to undertake foreign exchange business and executor and trustee business for the first time.
Contact SBI AO NOIDA
| Address : | No. 111/112, 1st The Corenthum Tower A, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309, India |
| Postal code : | 201309 |
| Website : | https://www.sbi.co.in/ |
| Categories : |
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Asclepius on Google
★ ★ ★ ★ ★ Like every SBI, no body picks up the call. On Monday it is closed but they have listed it as Open.
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saurabh singh on Google
★ ★ ★ ★ ★ Open office, everyone is sitting in a big hall, you should connect with chief manager and not to sales people, beware of sbi life insurance people sitting here
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Santosh Thakur on Google
★ ★ ★ ★ ★ Very good experience. Staffs are nice and good and know what they are doing. Specially the new managers. Eager to help, that is something which was missing in govt official. Full 5 star.
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sanjeev singh on Google
★ ★ ★ ★ ★ Very good stuffs and very helpful
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Akash Chhabra on Google
★ ★ ★ ★ ★ Pathetic customer service. First laid back loan sanction and not neverending delay in disbursement. Completed documentation 2 weeks back. And no one has time to disburse...nobody picks calls.
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Pratul Bisht on Google
★ ★ ★ ★ ★ Changed thinking of staff now seems more helpful and liked the service
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Marceline Louis on Google
★ ★ ★ ★ ★ Thank you Google for helping me to hind this place in seconds.
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Ayush Pant on Google
★ ★ ★ ★ ★ Poor customer service, it seems they don’t want work only gossip’s. No response on call. slow work compare to private loan department.
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