State Bank of India - Delhi

2.6/5 β˜… based on 8 reviews

About State Bank of India

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 State Bank of India

Address :

D-Block,Central Market, Prashant Vihar, Sector 14, Rohini, Delhi, 110085, India

Phone : πŸ“ž +977
Postal code : 110085
Website : https://sbi.co.in/
Categories :

D-Block,Central Market, Prashant Vihar, Sector 14, Rohini, Delhi, 110085, India
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rajesh sah on Google

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I have not seen worst branch like it.. No one is supporting there... Specially Deepak Sharma.. Already ready to fight with customers..
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Neha Rai on Google

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The Branch Manager, Deepak Sharma, at this branch is such a foolish person, neither he has the knowledge of his profession, nor how to deal with customers.
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Deepak Singh on Google

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If SBI starts taking customers seriously then they will grow by leaps and bounds and they have the potential to become one of the top banks in the world.
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Anil Kokliyal on Google

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First time in my life I have seen SBI staff entertaining customer. Branch Manager Mr. Deepak Sharma and his team is so supportive and handle all customer query with a smile on their face. What a great guy Mr. Deepak Sharma is.
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shobhita pruthi on Google

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If i could .. i would never have given this one star also, such annoying staff and the process for anything, you can never do something by visiting only once.. they will just procrastinate all the time for some stupid reasons. Moreover they seem like ignoring the people standing in front of them requesting something...so irritating to visit here
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radhey shyam on Google

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Wonder who made this Deepak Sharma, a Manager in SBI, he is not even worthy for a peon. First he called me for the KYC documents on priority basis and when I reached over there, he couldn't even recollect the issue. Upon insisting, he said, he will manage. If he could manage the issue, then what was the need to create panic and call the customer during lockdown.
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Alka Thakral on Google

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Such a worst branch..they misguide people which creates an overall distrust over sbi as a brand. Pathetic services. THEY misguide people for their own benefit. This branch is never recommended
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Shruti Tonk on Google

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Of all the branches of SBI I have been associate with, the staff is most helpful here. Younger staff is really active

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