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EVOLUTION OF SBI

Answer Posted / remya

* Origin of SBI was on June 2 1806 with the establishment
of "Bank of Calcutta"
* It was reformed into "Bank of Bengal" on Jan 2 1809
* "Bank of Bombay" & "Bank of Madras" were established
respectively on April 15 1840 & July 1 1843
* Later on these 3 banks were merged to form "Imperial Bank
of India" on Jan 27 1921
* SBI was created on July 1 1955

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