State Bank of India - New Delhi

2.5/5 โ˜… based on 8 reviews

About State Bank of India

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

Address :

415, Mathura Road, Badarpur Village, New Delhi, Haryana 110044, India

Phone : ๐Ÿ“ž +99897
Postal code : 110044
Website : https://www.sbi.co.in/
Categories :

415, Mathura Road, Badarpur Village, New Delhi, Haryana 110044, India
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Ujjwal Upadhyay on Google

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Very bad service There employees doesn't listen to my problem.Very rude behaviour of employees And mostly employees pretend as they are the owner of the bank.
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Deepak Kumar on Google

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I have deposited 2 credit card payment DD on approx. 15 march 2020 , but still payment not updated in my card. Also online update land line no. Shown wrong. Also you charged interest and panelty.
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Lalit kumar on Google

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it's a worst branch i have ever seen very bad behavior of employees. they dont have manners how to talk with customers, all are pretend like they are the ceo of sbi.
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Sarita Nanwani on Google

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Wrost bank.... Staff is very bad .... Infact they can't check signature of users... Rudely talking with people ... Staff were busy in there own personal work ...
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เค•เฅเคฎเคพเคฐ เคชเฅเคฐเคฆเฅ€เคช on Google

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One of the busiest bank in Delhi. It is one of the oldest band in Delhi. Some bank staff is rude in nature. To gather any type of service you have to wait for 4-5 hours. People from 13kms having accounts in this bank. The servers are almost down.
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080-Rahul Bisht on Google

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Worst Bank I ever see in my life Facilities is wrost some employees behaviour is not very good too and ATM servers is always Down pass book entry machine is not working. Inside Bank Ac is Just for showcase if they have no budget to start an AC then why don't they replace it with some Regular FAN. Chair is also a showcase if you don't want us to sit on them then why are you buy it in first place. The bank is too small and here is always crowd Why don't they expand the place and make it larger.
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A K Happy on Google

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Place is good but service is not much good
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Vikas Gautam on Google

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Very poor service.. Staff is very rude.they don't knw how to speak to a person.. Bank Staffs are very slow and always crying for server down.. Very poor poor service

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