State Bank of India MOHAN CO-OPERATIVE - SOUTH DELHI
About State Bank of India MOHAN CO-OPERATIVE
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 MOHAN CO-OPERATIVE
| Address : | B-1/A-19, MOHAN CO-OP. INDUSTRIAL ESTAT, Mathura Rd, opp. METRO PILLAR NO 337, SOUTH DELHI, Delhi 110044, India |
| Phone : | 📞 +998 |
| Postal code : | 110044 |
| Website : | https://www.sbi.co.in/ |
| Categories : |
Bank
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arvind yadav on Google
★ ★ ★ ★ ★ Very nice branch I have ever seen .
Staff is giving best service and working hard.
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Bhanuprakash Sharma on Google
★ ★ ★ ★ ★ Staff is quite helpful.
Abit slow but cooperative.
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Satinder Singh Sood on Google
★ ★ ★ ★ ★ in my 40 years of experience never seen useless staff.today I visited the bank to get a DD for my daughter's fee for ignou.first they refused to prepare the DD by making excuse printer not work ing. finally with intervention of DM mr ansari instructing the staff to prepare the DD.lapse of more than 1 hours they refused to give the DD.till evening even they had not revert my money to account.now I am trying to contact branch last half an hour one of the female employee pick up the phone not attending the sameekaran.I tried more than 10 time..my request to HPM to shut the such branches and shift the staff to international border security on posting .
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Surya suresh on Google
★ ★ ★ ★ ★ Not giving value to others time.. and wasting others time on waiting and waiting.. just gone through the review and those have given review is the one working here. Strange... Should be customer oriented..
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pawan bijani on Google
★ ★ ★ ★ ★ Take an entire day out if you want to get anything done from this branch.
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Dipish Chauhan on Google
★ ★ ★ ★ ★ 4 stars because of not up to mark staff behaviour
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Ningting Bariam on Google
★ ★ ★ ★ ★ One of the slowest bank but staff are quite helpful
Don't know WHY SBI work slow
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Vikas Kumar Kamat on Google
★ ★ ★ ★ ★ Employee doesn't complete the work on time..Bhehaviour toward customer very rude
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