State Bank of India RAJA KI MANDI AGRA - Agra
About State Bank of India RAJA KI MANDI AGRA
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 RAJA KI MANDI AGRA
| Address : | 116, opposite Kidwai Park Road, near SHYA, Raja ki Mandi, Agra, Uttar Pradesh 282002, India |
| Phone : | 📞 +988 |
| Postal code : | 282002 |
| Website : | https://www.sbi.co.in/ |
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Mohit Pal on Google
★ ★ ★ ★ ★ |
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MOHiT BORYA (MB) on Google
★ ★ ★ ★ ★ #1 GOVERNMENT BANK
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Legend Krishna on Google
★ ★ ★ ★ ★ This branch staff behaviour rude
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maghav maheshwari. on Google
★ ★ ★ ★ ★ Worst branch specially the old woman sitting at the cash counter . Doesn't deposit cash if money from any other branch . Unnecessary arguments always .
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DR. AMIT NELSON SINGH on Google
★ ★ ★ ★ ★ Very bad service, very rude staff, the bank has been shifted in a hotel
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Saksham Chaturvedi on Google
★ ★ ★ ★ ★ Contact No. Doesn't work. No way of reaching this branch without physically going there.
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Puneet Sharma dentist on Google
★ ★ ★ ★ ★ Very good bank, helpful staff! Deputy branch manager very helpful
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Mohit Agarwal on Google
★ ★ ★ ★ ★ Very Bad Branch. Staff not helpful and do not process documents on time. Branch is not senior citizens friendly. One should not put there parents in trouble and recommend to shift to other better staff and operators based branch. I recommend not open any accounts in SBI at all.
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