State Bank of India SADAR BAZAR (AMBALA CANTT.) - Ambala
About State Bank of India SADAR BAZAR (AMBALA CANTT.)
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 SADAR BAZAR (AMBALA CANTT.)
| Address : | AMBALA CANTT HARYANA DIST:AMBALA, Ambala, Haryana 133001, India |
| Phone : | 📞 +9779 |
| Postal code : | 133001 |
| Website : | https://www.sbi.co.in/ |
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AAYUSH on Google
★ ★ ★ ★ ★ Suri Ji on seat number 7 is the worst person in the bank,,,he is corrupt & arrogant.
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Muneesh Khanna on Google
★ ★ ★ ★ ★ Was impressed by the excellent customer service provided by SBI staffer, Sh Ranjit deputed at Enquiry Counter. Never seen such dedication n promptness.
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Dev Multani on Google
★ ★ ★ ★ ★ Once I approached Mr. Mahesh from Canada, who took personal interest to resolve my banking problem. He has a very positive attitude, helping hand and working in the best interest of bank
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Bijesh K on Google
★ ★ ★ ★ ★ Really felt bad.Visited twice but returned without solution.Public dealing doesn’t mean behaving rude to coustmers.#Mr Service Support ur not worthy.
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Arun Singh on Google
★ ★ ★ ★ ★ I would give zero or may be minus star rating if their any but I have to adjust only with one star, very poor service, behavior of staff is very rude and you have to do your work on your own
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Ayushi ayushi on Google
★ ★ ★ ★ ★ Pathetic service. Employees don't talk to customers properly. Treats the customers as they are doing favour to them. Even the deputy branch manager as a senior is not setting up a good example. We as a customer are scared of the employees that would they gonna work for our queries or they gonna shout on us. Please SBI do work on the behaviour of your staff . Dont want to mention the names of the employees but seriously that branch doesn't deserve customers.
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Robin Malik on Google
★ ★ ★ ★ ★ Employers are so lazy.we should give most laziest employers of bank. Don't corporate with local people. We suffer lot during transition. They should learn how private bank work perfectly. I have terrible experience in this bank. No employer justifying thier salary. Need lot of improvement for this bank. Doesn't work like govt bank.
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Yarrannaidu Koyyana on Google
★ ★ ★ ★ ★ Worst branch. Behavior of staff very rude and don't have minimum courtesy to the customer. Those who sitting at counter no-8 is very lazy and even didn't bother about customers problem and attitude is very reckless. The largest public sector bank in India recruiting this type of persons. Very pathetic.
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