State Bank of India

State Bank of India celebrates its 68th Bank day

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State Bank of India 68th Anniversary – On the date of the 1st July 2023, State Bank of India celebrates its 68th Bank Day in the city of Chandigarh, with a Circle level staff cultural programme at Tagore Theatre, Sector-18, Chandigarh.

State Bank of India 68th Anniversary

On the occasion of Bank Day, Sh. Vinod Jaiswal, Chief General Manager, Chandigarh Circle was a chief dignitary, along with Staff members from the states of Punjab, Haryana, Himachal Pradesh & UTs of J&K, Ladakh and Chandigarh in the Circle. At the end of the celebration honourable guest lectured regarding the importance of maintaining the values of glorious heritage of Banking by SBI in its over 200-year journey. Inaugurated in the year 1806, the Bank of Calcutta was formed which was one of three presidency banks in British India, the other two being the Bank of Bombay and the Bank of Madras. After the nationalisation process, SBI at present had over 24,000 branches and over 50,000 ATMs across India, with a presence in over 30 countries around the world.

State Bank of India 68th Anniversary video

State Bank of India’s journey so far

  • 1806: The Bank of Calcutta is founded.
  • 1840: The Bank of Bombay is founded.
  • 1843: The Bank of Madras is founded.
  • 1921: The three presidency banks are merged to form the Imperial Bank of India.
  • 1955: The Imperial Bank of India is nationalized and renamed the State Bank of India.
  • 1959: The State Bank of India (Subsidiary Banks) Act is passed, enabling the State Bank of India to take over eight former State-associated banks as its subsidiaries.
  • 1994: The State Bank of India becomes a public limited company.
  • 2008: The State Bank of India launches its first mobile banking app.
  • 2017: The State Bank of India launches its first digital bank, YONO.

Which banks recently celebrated 67 Foundation Day?

State Bank of India, is celebrating its 67th year on 1st July.

What is the old name of SBI Bank?

The old name of SBI Bank is Bank of Calcutta  made in Calcutta on 2 June 1806

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