State Bank of India JAHANGIRPURI NEW DELHI - New Delhi
About State Bank of India JAHANGIRPURI NEW 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 JAHANGIRPURI NEW DELHI
| Address : | A Block Rd, Bhalswa Jahangirpuri, Jahangirpuri, New Delhi, Delhi 110033, India |
| Phone : | 📞 +97 |
| Postal code : | 110033 |
| Website : | https://www.sbi.co.in/ |
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Kunal Singh on Google
★ ★ ★ ★ ★ All are very slow they always skip their work s and alway Anxious their customers
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Amandeep on Google
★ ★ ★ ★ ★ To much crowdy.. staff is not good.. completely musaddi laaal bna dete office office ki trah...
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Rishav Sharma on Google
★ ★ ★ ★ ★ Branch manager is not available . every in the morning . something many of the employees are not on time .
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Dilip Kumar on Google
★ ★ ★ ★ ★ Very crowded? bank, any time visit here you will have a heavy crowd, bank ?staff behavior is not good towards customer service, not have the manner how to talk to someone, staff is not humble polite very small are for functioninig the bank, the atm machine? is almost every time out of order
Had bad experience here
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gonu kumar on Google
★ ★ ★ ★ ★ Very crowded but ill manage cause this is only sbi bank here and you need just patience & good behavior!! Employee's are also very helpful but sometimes i feel little lazy vibes from them may be they can't manage somuch crowed every day!
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JOKERS GAMING on Google
★ ★ ★ ★ ★ worst branch even I have been seen gys I suggest you if you wanna open your sbi account never visit this place gard are so rude lots of crowd every time they don't know how to manage seriously this is my worst experience over here....
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Rahul Sahu on Google
★ ★ ★ ★ ★ Jahangir puri's oldest bank but as u know that sbi employee's behavior.!..... They don't know how to talk with customers.... Very rude staff. They think that they are ministers.
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rakesh jangra on Google
★ ★ ★ ★ ★ Sbi, Jahangir Puri was rural branch of state Bank of India earlier but now it comes under urban category. Monthly avg balance in this branch is 3000. Very heavy crowd always in this branch.
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