State Bank of India OKHLA PHASE-I - New Delhi
About State Bank of India OKHLA PHASE-I
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 OKHLA PHASE-I
| Address : | 101-102, PLOT NO 15 AGGARWAL PLAZA, behind HOTEL CROWN PLAZA, New Delhi, Delhi 110020, India |
| Phone : | 📞 +98 |
| Postal code : | 110020 |
| Website : | https://www.sbi.co.in/ |
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Dr K Madan Gopal on Google
★ ★ ★ ★ ★ Horrible bank manager and officers as on date. Little crowd. Place will be promising if you know the manager. Staff issues are prominently visible.
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Sameem khan on Google
★ ★ ★ ★ ★ Very very bad branch as per another branch special UJINA pin code 122107 mewat branch and mr.dinesh branch manager this is a bad behaviour no respons customer
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Ahtesham Zaidi on Google
★ ★ ★ ★ ★ A bank where you can easily deposit and withdraw your money through automatic machines installed on the ground floor you don't need to go inside the bank.
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vikash kumar on Google
★ ★ ★ ★ ★ Very very very bad branch specially their staff tipicall gov servant... not understand middle class family time very bad service
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Shahid Iqbal on Google
★ ★ ★ ★ ★ Poor in public dealing . they do not even respond to telephone calls . Seniors in the branch receives scores of complaint on daily basis but no permanent solutions are resorted , they only hathras the acount holders. They don't know how to behave with visitors..
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Shyamanand Yadav on Google
★ ★ ★ ★ ★ Very bad staff and service don't listen any thing seriously and don't understand the time of middle class family
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Jitender Kumar on Google
★ ★ ★ ★ ★ Very bad staff and management.
The guard or manager is thinking of himself as an IAS officer.
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KRFOREVER NATURALCARE on Google
★ ★ ★ ★ ★ Wors Bank in okhla Delhi all employees are careless several time I am going to bank no work is completed by employees no one can give user id internet login credentials worst experience with bank
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