*State Bank of India: SBI is the largest public sector bank of - TopicsExpress



          

*State Bank of India: SBI is the largest public sector bank of India and was created after nationalisationof Imperial Bank of India in 1955. It is the largest in the world with nearly 10,840 branches. *Nationalisation of Banks The Government of India nationalised 14 banks on July 19, 1969 and six more on April 15, 1980. First 14 Nationalised banks are:- 1. Bank of Baroda 8. Bank of India 2. Union Bank of India 9. Canara Bank 3. Bank of Maharashtra 10. Dena Bank 4. Central Bank of India 11. United Bank of India 5. Indian Bank 12. Allahabad Bank 6. Indian Overseas Bank 13. United Commercial Bank 7. Punjab National Bank 14. Syndicate Bank *Second Nationalisation 1. Vijaya Bank 2. Orient Bank of Commerce 3. Punjab & Sind Bank 4. Corporation Bank 5. Andhra Bank 6. New Bank of India The New Bank of India was merged with the Punjab National Bank,leaving only 19 Nationalised banks. # Supari Bhai
Posted on: Thu, 05 Jun 2014 14:51:49 +0000

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