State Bank of India MEHRAULI - New Delhi

3/5 β˜… based on 8 reviews

About State Bank of India MEHRAULI

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 MEHRAULI

Address :

Main Market Rd, Aam Bagh, Brijwasi Colony, MEHRAULI, New Delhi, Delhi 110030, India

Phone : πŸ“ž +98
Postal code : 110030
Website : https://www.sbi.co.in/
Categories :

Main Market Rd, Aam Bagh, Brijwasi Colony, MEHRAULI, New Delhi, Delhi 110030, India
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anas idrishi on Google

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Good but not so big and inside the market
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Aastha Kamrani on Google

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Please work on the bank services Very poor service Wasted our time
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gaurav singh on Google

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Worst bank service I never seen in this bank branch employees on leave every day I visited the branch three times for opening a saving account but they unable to do it even guy who open bank account he is on leave every single day and the bank app sbi yono one more reason bad experience with this bank branch
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Sunil Chawla on Google

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Worst bank of the mehrauli. Specially the manager is very over react. My suggestion is not to open the account in this bank. Everybody knows that all of the SBI bank are the worst bank in india.
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Christine Toppo on Google

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Kindly teach some manner and dignity because they doesn't know how to talk to people specially pensioners , even they are very very lazy in there own work, specially the batch manager of sbi bank main market mehrauli New Delhi
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Sherin C on Google

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Not even a single star. Please don't go there, total waste of time. Me and dad went to the bank to open an account and not even a single person is considered about senior citizens, their attitude is much higher than the bank manager. There are 2 banks near to SBI please go to IOB to save your money. IOB is also a government bank.
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Sumit Gupta on Google

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Worst SBI branch I have been to since lockdown, it's in the middle of the market. Where at the entrance there no virus safety measures were taken with sanitizer at the entrance. People and executives at the branch were seen without masks all around. It was like a normal scene as of Pre-Covid Era. Seating were like general and interaction was common without a mask.
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Meghna on Google

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1.Very unorganised staff. Some of them literally humiliates their clients so that they can't speak up as they are there for their work to be done and they fear that if they will fight, then their work will not be done. They really behave like uneducated lot. 2. They have big poster highlighted saying that abusing an employee is an unbailable offence and that gives them the priviledge to insult their clients. 3. Also they have a habit of getting the work done in a laid back attitude, they will make people wait for an hour for his/her turn n when their turn comes they will definitely send each n every client for some or the other thing either in papers or something n this process repeats atleast thrice or four times n then your work gets done.

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