State Bank of India (SBI)

SBI is established as Bank of Calcutta in 1806. It became Bank of Bengal in 1809. In 1921, the three presidency Banks (Bengal, Bombay and Madras) amalgamated to form Imperial Bank of India. The first Presidency Bank is Bengal Presidency Bank (1806). In July 1, 1955, Imperial Bank was nationalised and named as State Bank of India. Its headquarters is at Mumbai. SBI is the largest public sector bank in India. It is the largest commercial bank in india in terms of branches and also the world's second largest bank in terms of branches. SBI has the highest number of branches in India. SBI is also the first bank in india to introduce Core Banking System.