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Origin of State Bank of India (SBI) goes back to the year:
Question

Origin of State Bank of India (SBI) goes back to the year:

A.

1806

B.

1951

C.

1948

D.

1851

Correct option is A

The origin of the State Bank of India (SBI) goes back to the year 1806.
· The State Bank of India (SBI) traces its roots to the establishment of the Bank of Calcutta in 1806, which was later renamed the Bank of Bengal in 1809.
· It was one of the three banks collectively referred to as the Presidency Banks.
· In 1921, the three Presidency Banks were merged to form the Imperial Bank of India.
· Finally, in 1955, the Imperial Bank of India was nationalized and became the State Bank of India (SBI).

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