Suchergebnisse
Suchergebnisse:
1921: The presidency banks are merged to form a single entity, Imperial Bank of India. 1955: The nationalization of Imperial Bank of India results in the formation of the State Bank of India, which then becomes a primary factor behind the country's industrial, agricultural, and rural development.
Imperial Bank of India converted to a state owned institution, State Bank of India on July 1, 1955. One of the immediate objectives was to establish additional branches particularly at district headquarters. It was also expected to provide remittance and other facilities to co-operative and other banks and attempt to mobilise rural savings.
15. Jan. 2015 · As India celebrates its 77th Independence Day, here is a look at a tale of a steely Indian entrepreneurial resolve. When Sir JN Tata dreamt of putting up a steel plant in India, the British administrators felt it was not a job that Indians could excel at. Nearly 100 years later, the Tatas acquired the same company. 15 Aug, 2023, 10:36 AM IST
The most storied bank failure was The Union Bank (1828) founded by Dwarakanath Tagore in partnership with British companies. The Bank of Calcutta, and the two other Presidency banks — the Bank of Bombay and the Bank of Madras — amalgamated on 27 January 1921. The reorganized banking entity assumed the name Imperial Bank of India.
On or before 4th May 1923, the respondent bank had borrowed from the Imperial Bank of India, the appellant, hereinafter called the Imperial Bank, the sum of ten lacs with interest, and on 4th May executed and delivered to the Imperial Bank a debenture creating a floating charge on the whole undertaking, properties, assets and interests present and future of the respondent bank as security for ...
23. Mai 2023 · All told, therefore, there are about 250 banks and branches in India, situated in about 150 towns, or in about 20 percent of the towns having a population of 10,000 or more. 4 min read. March 1921. In accordance with a law approved on September 19, 1920, the Imperial Bank of India began operations on January 27 of this year.
15. März 2024 · Citation: 1978 AIR 1263. The case of State Bank of India vs Shyama Devi is a landmark judgement that discusses the principles of vicarious liability and the responsibility of a bank in safeguarding the interests of its customers. The case revolves around a dispute between the State Bank of India (SBI) and its customer, Shyama Devi, regarding ...
