While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find ...

The report highlights that in a world economy that expanded by $4.1 trillion last fiscal year, India accounted for $297 ...

The man who co-founded Indian Bank and became governor of Imperial Bank (now State Bank of India), cracked the code of ...

After independence, under the first 5-year plan’s push for rural development, the government nationalised the Imperial Bank.

It later became the Imperial Bank of India. It became State Bank of India in 1955. So do you know which one is the oldest bank of India? The Madras Bank was founded in British India.

The origins of State Bank of India (SBI) date back to the early 1800s, when the East India Company established the Bank of Calcutta, later renamed the Bank of Bengal. This was followed by the ...

Who says the elephant can't dance? The theme that runs through the bank's 70-year lifespan is its willingness to change in ...

Post-Independence, on July 1, 1955, the Imperial Bank of India was rechristened the State Bank of India, under the State Bank of India Act, 1955, with the RBI holding majority stake.

The Imperial Bank had a capital base of Rs 11.85 crore (including reserves) at the time India gained independence. Deposits and advances totaled 275.14 crore rupees and 72.94 crore rupees ...

After RBI became operational in 1935, the role of Imperial bank of India was changed into a full-fledged commercial bank. Looking to its large-scale business and spread, it was converted into ...