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 : | C- 18, Central Market, Lajpat Nagar II, Lajpat Nagar, New Delhi, Delhi 110024, India |
| Phone : | π +9988 |
| Postal code : | 110024 |
| Website : | https://www.sbi.co.in/ |
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vishwanath n on Google
β β β β β Worst SBI experience. They never try to resolve user query. Don't open account in such branch. SBI should check this branch they are spoiling the big brand.
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yuran on Google
β β β β β Working person very bad manner! Service also very poor!!!!
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Anurup Narula on Google
β β β β β Pathetic branch. Never get a loan from this Branch. The same is the less cooperative, friendly and full of attitude when dealing with customers. I request RBI to take action against the staff.
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Bharti Kumar on Google
β β β β β No one responding on phone. In this corona time period calls should be attended more to avoid people getting out of their homes just to ask whether a particular Paper in Bank is ready or not
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Adib Narang on Google
β β β β β I along with my wife Suman Narang visited the branch on 15th January,2020 and 28th January for some bank transactions and opening an account. Really very impressed with the service of the branch staff. I am an ex banker, from a different bank but the service I got from each and every staff member I talked to was very good. The Deputy Manager Bharathy Parthasarthy and her colleage were very helpful in opening our joint account. The Manager was really very copperative and the staff( I do not know their names, I met atleast 4 of them and all were very helpful). I have dealt with many banks including ICICI Bank, but never seen such a good customer service.
On one more occasion, I requested for a cheque book, online which was despatched to me on the very next day(tracking number was also sent to my email) which I could not get for about a month from another nationalised Bank .
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Tenzin Gyalpo on Google
β β β β β They are so rude towards customer.This is the worst experience ever.I will Never ever gonna visit again here.
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Mahak Tandon on Google
β β β β β A women name Sarika is very aggressive and rude. She doesn't answer the calls of customers and even declines as well. I don't know what she thinks of herself. She thinks she is only the one busy on this earth. Dhe shouldn't be there in the bank if she is not for customers help.
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NXTγ Karan on Google
β β β β β After 11:00 AM bank also closed by security guard and all staffs are one the way no any staff inside the bank on Wednesday 17th November and no holiday without holidays.
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