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The Imperial Bank of India (IBI) was one of the oldest and the largest commercial bank in India, and was subsequently renamed and nationalised as the State Bank of India in 1955. Initially, as per its royal charter, it acted as the central bank for India prior to the formation of the Reserve Bank of India (RBI) in 1935.
- 27 January 1921; 102 years ago
27. Jan. 2014 · The Imperial Bank of India was a commercial bank and a central bank that merged with the State Bank of India in 1955. It was founded in 1921 and had 14 Presidency Banks as its subsidiaries. It played a key role in the economic development of India till independence and beyond. Learn more about its history, functions, and achievements.
27. Jan. 2021 · Die Imperial Bank of India (IBI) öffnete ihre Türen am 27. Januar 1921. Entstanden ist sie durch die Reorganisation der drei Präsidialbanken des kolonialen Indiens. Denn damals verschmolzen gemäß der vom indischen Legislativrat verabschiedeten Gesetzgebung die Bank of Bengal, die Bank of Bombay und die Bank of Madras zu einer ...
27. Jan. 2018 · Learn how the Imperial Bank of India, now State Bank of India, was formed in 1921 by merging three presidency banks. Read about its role as a fiscal agent, a commercial bank and a subsidiary of SBI.
- Riddhi Tyagi
Learn about the history and evolution of the Imperial Bank of India, which became the State Bank of India after independence, and its role in modern banking in India. Find out how it was re-organised and taken over by the State Bank of India after 1955.
The Imperial Bank of India ( IBI) was one of the oldest and the largest commercial bank in India, and was subsequently renamed and nationalised as the State Bank of India in 1955. Initially, as per its royal charter, it acted as the central bank for India prior to the formation of the Reserve Bank of India (RBI) in 1935.
11. Juni 1988 · will trace the history of the Presidency Banks sets out what "ideally" a history of the three of Bengal, Bombay and Madras-which merged in 1921 to become the Imperial Bank of India, which in tturn becaine the State Bank of India in 1955, following the recom- mendations of the All-India Rural Credit Survey Coi mmittee.