State Bank of India NANDNAGRI (DELHI) - New Delhi
About State Bank of India NANDNAGRI (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 NANDNAGRI (DELHI)
| Address : | Block B, Nand Nagri, MARKET, New Delhi, Delhi 110093, India |
| Phone : | π +989 |
| Postal code : | 110093 |
| Website : | https://www.sbi.co.in/ |
| Categories : |
Bank
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Vikas Gupta on Google
β β β β β very crowded, most of the people seen very helpless in this branch even for cash deposit, long ques, bad communication etc.
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Yogesh on Google
β β β β β The staff here works but aren't perfect. Due to which the customers here are in trouble. I think this bank will rectify this deficiency.
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2543 Tarun on Google
β β β β β bad condition of these bank.no any work is done, it's a vary bad SBI bank branch in Nand Nagri. I will try daily change address and atm apply request but no any enquiry of my request........
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Aman Verma on Google
β β β β β Very useless bank, staff does not work with time, my personal advice: that no one should open an account in this bank
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nagender sharma on Google
β β β β β Staffs have not correct knowledge about your own working, I need to submit a cheque but my home branch is at any other place in delhi, first I tell everything to concern person and asked that can i submit my cheque here? She said yes, again when I went to bank with my cheque but they refuse and said you cannot submit here. Please have correct information and distribute correct information to customers.
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Rustam Shaikh on Google
β β β β β Sorry, but in customer service is ( 0 ), staff is missing for the customer , they have there own reason for not doing the work , they have make there own policy for miss guide to the customer poor service 0/100
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Arif Choudhary on Google
β β β β β Very bad services in this bank do not expect
Any good work or service to bank employees ????
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Abbas Ali on Google
β β β β β This bank is very pathetic. You can't complete your work by visiting there in one time. You will have to go there again and again. For closing my account from this branch I had to go there many times.
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