State Bank of India MIANWALI NAGAR - New Delhi
About State Bank of India MIANWALI NAGAR
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 MIANWALI NAGAR
| Address : | 9, Paschim Enclave, Peeragarhi Village, Paschim Vihar, New Delhi, Delhi 110087, India |
| Phone : | 📞 +977 |
| Postal code : | 110087 |
| Website : | https://www.sbi.co.in/ |
| Categories : |
Bank
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anjani tiwari on Google
★ ★ ★ ★ ★ Security gard bad behaviour
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AJAY YADAV on Google
★ ★ ★ ★ ★ Very good staff behaviour
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learn with somya dutt on Google
★ ★ ★ ★ ★ Best SBI bank.... Very good and cooperative
employees ....
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Home Tutors Paschim Vihar on Google
★ ★ ★ ★ ★ Nice staff. Usually there is no waiting here
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SONI KUMARI on Google
★ ★ ★ ★ ★ For all SBI employees n all manger very good response n behaviour
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adismax on Google
★ ★ ★ ★ ★ Branch with adequate and helping staff and well equipped with safety measure against corona pandemic. Atm is also there.
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Manu Tiwari on Google
★ ★ ★ ★ ★ It’s been my worst banking experience so far in my life particularly with this branch when they didn’t receive my calls and made me run several times for one single work. The situation went even worse when they didn’t maintain my proper details according to my KYC on the system for that I’d to suffer a lot because of that I couldn’t get my business debit card timely.
When i requested them to write to the post office for printing mistake in the shipment, they brutally denied saying that it’s out of their norms and You’ve to wait for that.
I’ve several grievances and extremely bad experiences with this branch.
I would not recommend anyone to do banking with SBI Mianwali Nagar Branch!
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DEEKSHA GUPTA on Google
★ ★ ★ ★ ★ Worst Bank I have ever seen. Staff of this branch is soo rude and not having manners how to deal a customer. No one listens your issue and your complaints. Behaviour of the staff towards customers is soo bad and not acceptable. Higher authorities should take appropriate actions towards the staff.
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