India@75 (1955: Nationalisation of the State Bank of India)

India@75 (1955: Nationalisation of the State Bank of India)

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 [...]