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State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group.It merged with State Bank of India on 1 April 2017. At the time of its merger, State Bank of Patiala had a network of 1445 service outlets, including 1314 branches, in all major cities of India, but most of the branches were located in the Indian states of Punjab, Haryana, Himachal Pradesh, Rajasthan, Jammu ...
The State Bank of India Act, 1955: Inaugural holder: John Matthai (1955–1956) Formation: 1 July 1955; 68 years ago () Deputy: 4 Managing Directors and 8 Directors: Salary ₹ 225,000 (US$2,800) Website: bank.sbi
SBM Holdings Ltd. Website. www .sbmbank .co .in. SBM Bank India is a subsidiary of the State Bank of Mauritius. It was the first bank to receive a banking license from the India's banking regulator Reserve Bank of India (RBI) to establish a universal banking business in the country as a wholly owned subsidiary.
State Bank of Travancore ( SBT) was a major Indian bank headquartered in Thiruvananthapuram, Kerala, and was a major associate of State Bank of India . SBT was a subsidiary of the State Bank Group, but also had private share-holders. It was the premier bank of Kerala. Overall, As of 31 March 2015, SBT had a network of 1,157 branches and 1,602 ...
The 1992 scam was a systematic fraud committed by Mehta in the Indian stock market which led to the complete collapse of security systems. He committed a scam of over 1 billion from the banking system to buy stocks on the Bombay Stock Exchange. [3] This impacted the entire exchange system as the security system collapsed and investors lost ...
Rajnish Kumar (banker) Rajnish Kumar is an Indian banker. He held the position of Chairman of the State Bank of India. [1] [2] He joined SBI as a Probationary officer in 1980. He has served as Managing Director (National Banking Group), a position he was given on 2 November 2015 and the Managing Director (Compliance & Risk) of SBI.
The constitution, capital, management and other matters pertaining to the Bank are governed by the provisions of SBI (Subsidiary Banks) Act, 1959. 75% of the shares of SBBJ are held by SBI and the remaining by institutions and general public. The Bank took over the business of the Govind Bank Pvt. Ltd, Mathura on 25th April, 1966. SBBJ went ...
Preceded by. O. P. Bhatt. Succeeded by. Arundhati Bhattacharya. Pratip Chaudhuri (born 1953), is an Indian Banker. An alumnus of the 1974 batch of University Business School - Chandigarh, he is a former Chairman of State Bank of India. [1] He took charge from O. P. Bhatt, on 7 April 2011 and retired on 30 September 2013. [2]
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