Answer Posted / karthika ayyappan

Nationalised banks dominate the banking system in India. The
history of nationalised banks in India dates back to
mid-20th century, when Imperial Bank of India was
nationalised (under the SBI Act of 1955) and re-christened
as State Bank of India (SBI) in July 1955. Then on 19th July
1960, its seven subsidiaries were also nationalised . These
subsidiaries of SBI were State Bank of Bikaner and Jaipur
(SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore
(SBIR), State Bank of Mysore (SBM), State Bank of Patiala
(SBP), State Bank of Saurashtra (SBS), and State Bank of
Travancore (SBT).
However, the major nationalisation of banks happened in 1969
by the then-Prime Minister Indira Gandhi. The major
objective behind nationalisation was to spread banking
infrastructure in rural areas and make cheap finance
available to Indian farmers. The nationalised 14 major
commercial banks were Allahabad Bank, Andhra Bank, Bank of
Baroda, Bank of India, Bank of Maharashtra, Canara Bank,
Central Bank of India, Corporation Bank, Dena Bank, Indian
Bank, Indian Overseas Bank, Oriental Bank of Commerce (OBC),
Punjab and Sind Bank, Punjab National Bank (PNB), Syndicate
Bank, UCO Bank, Union Bank of India, United Bank of India
(UBI), and Vijaya Bank.
In the year 1980, the second phase of nationalisation of
Indian banks took place, in which 7 more banks were
nationalised . With this, the Government of India held a
control over 91% of the banking industry in India. After the
nationalisation of banks there was a huge jump in the
deposits and advances with the banks. At present, the State
Bank of India is the largest commercial bank of India and is
ranked one of the top five banks worldwide.

I am an engineering graduate and working with a pay of 15k in hyd . I got a job in associated bank in sbi as a clerk . I am totally confused in choosing Bank or my same job . please suggest me with including the scope and faults in SBI

2277

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If appointed as a clerk in SBI associated How many years at once will the transfer take place . If I am not interested in a transfer will they accept

1944

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i am having sbi interview. what type of preparation should i do?

1992

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i have cleared aptitude test in repco foundation. Now gonna attend my interview on 20.03.2012 .Can u tell me what kind of questions will be asked in the interview.

3154

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hi friends first of all i congratulate all selected candidates selected for interview. If one of u have got call letter for Delhi for 30th April 2010 plz inform me on my email anil.jamalpuria@yahoo.com u also can contact me on 09017785585

1883

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i want to know sbi clerk salary

3091

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HI, SBI Results declared on 29th sep at 12 night, you can check it in yeswecan.co.in web site left scrolling, Results are not kept in SBI site on 29th.

2139

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I m selected for junior assistance post in repco bank. Any body give advice how to attend interview.

1904

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hi friends, i m shikha and i have been selected for sbi clerical interview 2010 which is on 8th may. i have done B.Sc(IT) through distance education. plz tell me about questions that may be asked.

2018

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Hello All, Could any body who had passed his final interview in SBI guide me what sort of questions they use to ask after clearing written exam. Thanks.

1919

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anyone know how interview date is being scheduled ,whether it is based on merit list of written or on based on registration id that is according to date of written paper , so plz frnds tell about ur date of interview along with registration id, so that we cnfrm this.......

1867

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what is bank crisis?

2095

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what are the total no of branches and atms of union bank of india?

1912

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kOI BATAYEGA Why SBI making so much delay in declaring result any idea? ATUL KASHIPUR (UTTRAKHAND)

2056

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sir plz send me previous 5 years questions papers of bank of india clerical on my emailid->bpraichur@gmail.com

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