State Bank of India SECTOR 24 FARIDABAD - Faridabad
About State Bank of India SECTOR 24 FARIDABAD
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 SECTOR 24 FARIDABAD
| Address : | 7-A, Tilak Nagar, Mujesar Village, Sector 24, Faridabad, Haryana 121005, India |
| Phone : | 📞 +99889 |
| Postal code : | 121005 |
| Website : | https://www.sbi.co.in/ |
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rahul bhatt on Google
★ ★ ★ ★ ★ Near sector 24 Petrol Pump.
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Manoj Pandey on Google
★ ★ ★ ★ ★ Very poor management
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Suraj Kumar on Google
★ ★ ★ ★ ★ "wrost sarvice in bank"
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Vikas Kumar on Google
★ ★ ★ ★ ★ I am go many time for bank work
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Rl on Google
★ ★ ★ ★ ★ Worst Customer support
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VIKAS SINGH on Google
★ ★ ★ ★ ★ They don’t know about the true problems and they don’t have manner to solve .. people who visit their are stupid or illeterate in bank’s manager view.
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Sandeep Babbar on Google
★ ★ ★ ★ ★ Worst bank , worst people working in it they don't respect the customer , I was standing in the que to deposit my money on 30th April 2020 the person in-charge thought of leaving his desk at 3:22 when the bank shuts at 4 on complaining no effect , then later when they actually understood how inefficient the staff is they said we will do it there system got hanged it's a disgrace on the govt to have such employees in the bank the manager too had no clue what's happening in the bank.
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Raj Kumar on Google
★ ★ ★ ★ ★ Worst service in bank. I have applied for checkbook and received a message of chekbook has been issued. But not got my checkbook. Bank person says it has not come yet. Now one year has been completed.
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