State Bank of India FIROZABAD TOWN - Firozabad
About State Bank of India FIROZABAD TOWN
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 FIROZABAD TOWN
| Address : | POST BAG, Street Number 5, Near Karbala Ki Pulia, BARI CHHAPETI, Firozabad, Uttar Pradesh 283203, India |
| Phone : | 📞 +9 |
| Postal code : | 283203 |
| Website : | https://www.sbi.co.in/ |
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Azim Kureshi on Google
★ ★ ★ ★ ★ ठीक है
 Okay
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Susheel Kumar on Google
★ ★ ★ ★ ★ जिंदगी में सबसे खराब बैंक यही बैंक लगी है आम नागरिक बेचारा ऐसा ही खड़ा रहता है
हो सके तो प्राइवेट बैंकों में अपना खाता ओपनिंग कराओ इन बैंकों में रईसजाद के ज्यादातर काम होते हैं ????
The worst bank in life is this bank, the common citizen, the poor man, stands like this.
If possible, get your account opened in private banks, most of the work of the nobleman is done in these banks.
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IMAD UDDIN on Google
★ ★ ★ ★ ★ Worst bank
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Dheeraj Gupta on Google
★ ★ ★ ★ ★ Bank staff is very..........
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Deepak Yadav on Google
★ ★ ★ ★ ★ Bokes service this bank
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ASADULLA ALI on Google
★ ★ ★ ★ ★ Good place for state board examination s stuff.
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Arjit Singh Rathore on Google
★ ★ ★ ★ ★ This bank is good place and employees are very helpful.
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jyoti gupta on Google
★ ★ ★ ★ ★ It's located on station road, nice place in Firozabad.
Easily reachable and nice facilities
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