State Bank of India - New Delhi
About State Bank of India
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
| Address : | A-1, Vikas Marg, Block A, Swasthya Vihar, New Delhi, Delhi 110092, India |
| Phone : | 📞 +988 |
| Postal code : | 110092 |
| Website : | https://www.sbi.co.in/ |
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Abhilash Kumar on Google
★ ★ ★ ★ ★ Useless branch... No service is offered
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Perwez Alam on Google
★ ★ ★ ★ ★ Worst bank, i have complained 2 weeks ago about my online services but no action taken yet
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Shaurya Uppal on Google
★ ★ ★ ★ ★ Name of the bank has changed but maps not reviewing my suggestions.
Name changed to Stabe bank of india(SBI) now.
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Aashu Sareen on Google
★ ★ ★ ★ ★ People working here are rude and does not know how to respect another being. And the timings of the bank in google is wrong; its from 8:30 am -2:30 pm.
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Prabal Gupta on Google
★ ★ ★ ★ ★ This branch is under RACPC, Noida. This does not cater to normal customers. It is specially for those who have taken loan from SBI.
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Bijgupt on Google
★ ★ ★ ★ ★ This branch is better than many of other SBI branch. It opens early at 8:30 so one can do banking work before going to office.
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GEETA SHARMA on Google
★ ★ ★ ★ ★ All the staff are polite behavior even the manager are so helpful... but lady who works is very rude to each and every customer I was n the bank for 3 hours the way she treat customer is very rude ..
Wanna share one incident .young girl wants to open an sbi account by mistakenly she miswritten her father surname. She told her don't you know your father name. Oh ! You forget your father name hehe... I was feeling so bad for her. being a bank staff you should not comment like this. We never knew what the person is going through. Maybe she got separated from her father a long back. When I asked the lady name she refused to tell her name
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Shruti Karforma on Google
★ ★ ★ ★ ★ Worst bank manager, not even considerate for people who have serious health issues.
Doesn’t want to listen, doesn’t care and have zero empathy towards customers. Horrible experience!!
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