Suchergebnisse
Suchergebnisse:
17. Sept. 2022 · 1955 GOI india@75 SBI WWI. The origin of India’s largest bank, the State Bank of India, can be traced back to the 27th of January, 1921. Formerly known as the Imperial Bank of India, it was created because of a merger between the three presidency banks, Bank of Bengal, Bank of Bombay and Bank of Madras. It was the last….
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 ...
1. These are two consolidated appeals, The facts in Appeal No. 148 of 1920 are as follows: One Abdul Hakim on December 28, 1911, handed to the Bank of Bengal (now reperesented by the appellants the Imperial Bank of India who took over their business) the following document: AKYAB, 28th December, 1911. To The Agent, Bank of Bengal, Akyab.
Created in 1921, the Imperial Bank of India appeared to inaugurate a new era in India's history--culminating in its declaration of independence from the British Empire. The Imperial Bank took on the role of central bank for the Indian government, while acting as a bankers' bank for the growing Indian banking sector. At the same time, the Imperial Bank, which, despite its role in the government ...
The Imperial Bank of India, which became the State Bank of India after independence, came into existence on January 27, 1921. The history of modern banking in India can be traced back to 1806 when the Bank of Calcutta was established. In 1809 it was re-named Bank of Bengal. Then in the 1840s the Bank of Bombay and Bank of Madras came up.
During the British rule in India, The East India Company had established three banks: Bank of Bengal, Bank of Bombay and Bank of Madras and called them the Presidential Banks. These three banks were later merged into one single bank in 1921, which was called the “ Imperial Bank of India.
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 ...
