State Bank of India HAIBOWAL (LUDHIANA) - Ludhiana
About State Bank of India HAIBOWAL (LUDHIANA)
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 HAIBOWAL (LUDHIANA)
| Address : | Main Rd, adjoining TOOR HOSPITAL, near RELIANCE FRESH, Joshi Nagar, Haibowal Kalan, Ludhiana, Punjab 141001, India |
| Phone : | 📞 +9 |
| Postal code : | 141001 |
| Website : | https://www.sbi.co.in/ |
| Categories : |
Bank
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Kamal Bhandari on Google
★ ★ ★ ★ ★ Indian Govt run bank
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Ranvir Singh on Google
★ ★ ★ ★ ★ Staff is co-operative but space is small for a SBI..
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Vinay Puri on Google
★ ★ ★ ★ ★ Very approachable location. Premises is very small.
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NISHU BANSAL on Google
★ ★ ★ ★ ★ With due respect to the bank,this branch is one of the horrible branch i have ever seen. Rude staff and always delay in work.Nobody bothers about your query and finally,I have transfered my account from this branch.
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Lovish Verma on Google
★ ★ ★ ★ ★ Employees are so great ,specially bank manager mr...s.s kunal his behaviour is so co-operative , i really feel a fabz experience
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Isha Aggarwal on Google
★ ★ ★ ★ ★ Branch Manager was really helpful Mr mohinderpal. He provided us with a great and satisfying experience.
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PARDEEP KUMAR on Google
★ ★ ★ ★ ★ Service is very very very poor. Cashier knowledge
is very poor and No sense how to talk with people.
He said we don't have rights to deposit cash with form in any other sbi branch for SAVING Account. But customer care say we have righs of three transactions in a month to deposit cash with form in any sbi branch. But Cashier of sbi bank near toor hospital says to me you and anybody have No rights to deposit cash with deposit form in any sbi branch and He misbehave. Cashier photo is attached.
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Gurjot Kaur on Google
★ ★ ★ ★ ★ The cashier is really rude. Everytime I visit there, he always says something rude. Also, he doesn't have general manners of how to talk with a human being. I think his name is JP VOHRA. He talked really rudely with my mother and me. Moreover, he always has some excuses of not depositing the money. I'm fed up of this person. He shouldn't be allowed there.
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