List of banks that have merged to form the State Bank of India

This list of banks that have merged to form the State Bank of India includes financial institutions that were at one point or the other merged with the State Bank of India or any of its subsidiaries.

This list includes the banks which have been subsidiaries or associates of the State Bank of India. Many of these subsidiaries were later merged into the main State Bank of India.

List of banks that have merged to form the State Bank of India

Rank Name of the Bank Year of Founding Year of Closing Fate Headquartered in References[1]
1 The Madras Bank (1683) 1683 1843 Merged with the Carnatic Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843 Madras Presidency [2][3][4][5]
2 Carnatic Bank 1788 1843 Merged with the Madras Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843 Madras Presidency [2][3][4][5]
3 The British Bank of Madras (1795) 1795 1843 Merged with the Madras Bank, The Carnatic Bank, and the Asiatic Bank to form the Bank of Madras in 1843 Madras Presidency [2][3][4][5]
4 The Asiatic Bank 1804 1843 Merged with the Madras Bank, The Carnatic Bank, and the British Bank of Madras to form the Bank of Madras in 1843 Madras Presidency [2][3][4][5]
5 Bank of Calcutta 1806 1921 merged with the Bank of Bombay and Bank of Madras in 1921 to form the Imperial Bank of India Calcutta [2][3][4][5]
6 Bank of Bombay 1840 1921 merged with the Bank of Calcutta and Bank of Madras in 1921 to form the Imperial Bank of India Bombay [2][3][4][5]
7 Bank of Madras 1843 1921 merged with the Bank of Calcutta and Bank of Bombay in 1921 to form the Imperial Bank of India Madras Presidency [2][3][4][5]
8 Delhi and London Bank 1844 1916 Merged with the Alliance Bank of Simla in 1916 New Delhi [2][3][4][5]
9 The Dacca Bank (1846) 1846 1862 Merged with the Bank of Calcutta in 1862 Dhaka [2][3][4][5]
10 The Bank of Upper India 1863 1913 Merged with the Alliance Bank of Simla in 1913 Dhaka [2][3][4][5]
11 Alliance Bank of Simla 1874 1923 Merged with the Imperial Bank of India in 1923 Shimla [2][3][4][5]
12 Punjab Banking Company 1889 1916 Merged with the Alliance Bank of Simla in 1916 Shimla [2][3][4][5]
13 State Bank of Mysore 1913 2017 Merged with the State Bank of India on 1 April 2017 Bangalore [2][3][4][5]
14 State Bank of Patiala 1917 2017 Merged with the State Bank of India on 1 April 2017 Patiala [2][3][4][5]
15 State Bank of Indore 1920 2017 Merged with the State Bank of India on 1 April 2017 Indore [2][3][4][5]
16 Imperial Bank of India 1921 1955 Renamed as the State Bank of India in 1955 India [2][3][4][5]
17 State Bank of Saurashtra 1925 2017 Merged with the State Bank of India on 1 April 2017 Gujarat [2][3][4][5]
18 State Bank of Hyderabad 1941 2017 Merged with the State Bank of India on 1 April 2017 Hyderabad [2][3][4][5]
19 State Bank of Travancore 1945 2017 Merged with the State Bank of India on 1 April 2017 Trivandrum [2][3][4][5]
20 State Bank of Bikaner & Jaipur 1963 2017 Merged with the State Bank of India on 1 April 2017 Rajasthan [2][3][4][5]
21 Bharatiya Mahila Bank 2013 2017 Merged with the State Bank of India on 1 April 2017 India [2][3][4][5]

See also

References

  1. ^ "The World's Biggest Employers". Forbes. Retrieved 31 July 2015.
  2. ^ a b c d e f g h i j k l m n o p q r s t u "Reserve Bank of India - Museum". rbi.org.in.
  3. ^ a b c d e f g h i j k l m n o p q r s t u Shrivastava, Mohan Prasad (2007). Banking Reforms and Globalisation. APH. ISBN 9788131301593.
  4. ^ a b c d e f g h i j k l m n o p q r s t u Bankingrbi.org.in Archived 17 December 2021 at the Wayback Machine
  5. ^ a b c d e f g h i j k l m n o p q r s t u "The State Bank of India (Subsidiary Banks) Act, 1959". indiankanoon.org. Retrieved 20 September 2023.

External links

  • List maintained by the Reserve Bank of India
  • Evolution of Banking in India
  • Charles Northcote Cooke
  • History of Banking in India
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