State Bank of India BURARI DELHI - New Delhi
About State Bank of India BURARI DELHI
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 BURARI DELHI
| Address : | KHASRI, 2, New Delhi Main Rd, New Delhi, Delhi 110084, India |
| Phone : | 📞 +97 |
| Postal code : | 110084 |
| Website : | https://www.sbi.co.in/ |
| Categories : |
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Dr Vivek Singh on Google
★ ★ ★ ★ ★ I have added photo for timings of the bank . Review : typical sarkari and kamchor staff.
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#Mukandpur ki awaj on Google
★ ★ ★ ★ ★ VERY BAD SERVICE AND 3 HOUR WAIT FOR GO INSIDE THE BANK
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Manish Pandat on Google
★ ★ ★ ★ ★ Staf is no support customers please help sbi tm??????????????
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Mukesh Kumar on Google
★ ★ ★ ★ ★ SBI (IFSC code: SBIN0017930) have only one branch for Pincode 110084, and thus it gets very busy.
Also the staff of this branch are not efficient enough which leads to long hours for availing any banking services. There is no known instance of management of any kind, people sometimes just stand for hours to know where they can find their debit card which was returned to bank by post office.
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Arun Thapa on Google
★ ★ ★ ★ ★ Pathetic Service i have ever seen in my life employees working here are uneducated I have visited the branch two times to change my mobile number they changed the number but the last four digit of my number was wrong ?
This is where my India is going hiring uneducated and Old people in the State Bank Of India
My mobile number is still incorrect and every time i go there they ask me to fill the form and get in line ?? I'm proud of my India...
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Saloni Mishra on Google
★ ★ ★ ★ ★ The branch manager is too cooperative and humble. The only thing is it is always crowded, thanks to YONO app for making the services feasible.
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Karan Kush on Google
★ ★ ★ ★ ★ No proper response from the counter staff no cleaness in the bank this is what they're maintaining the bank hope the government will be inspecting it for the next visit.
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Avee Studio on Google
★ ★ ★ ★ ★ Very poor service for customers no fans working, no water cooler, zero air ventilation full humidity & while staff working in AC covered rooms
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