State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 48th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. In 2023, the company’s seat in Forbes Global 2000 was 77.
The University of Calcutta is a public state university located in Kolkata, West Bengal, India. It has 151 affiliated undergraduate colleges and 16 institutes in Kolkata and nearby areas. It was established on 24 January 1857 and is the oldest multidisciplinary university of Indian Subcontinent and South East Asian Region. Today, the university's jurisdiction is limited to a few districts of West Bengal, but at the time of its establishment it had a catchment area ranging from Kabul to Myanmar. Within India, it is recognized as a "Five-Star University" and accredited an "A" grade by the National Assessment and Accreditation Council (NAAC).
Bethune College is a women's college located on Bidhan Sarani in Kolkata, India, and affiliated to the University of Calcutta. It is the oldest women's college in India. It was established as a girls' school in 1849, and as a college in 1879.
The Bengal Presidency, officially the Presidency of Fort William in Bengal and later Bengal Province, was a province of British India and the largest of all the three Presidencies. At the height of its territorial jurisdiction, it covered large parts of what is now South Asia and Southeast Asia. Bengal proper covered the ethno-linguistic region of Bengal. Calcutta, the city which grew around Fort William, was the capital of the Bengal Presidency. For many years, the Governor of Bengal was concurrently the Governor-General of India and Calcutta was the capital of India until 1911.
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791.
'Prince' Dwarkanath Tagore was one of the first Indian industrialists to form an enterprise with British partners. He was the son of Rammoni Tagore, and was given in adoption to Rammoni’s elder brother Ramlochan Tagore. He was the scion of the Tagore Family of Calcutta, father of Debendranath Tagore and grandfather of Rabindranath Tagore.
The Bank of Madras was one of the three Presidency Banks of British India, along with the Bank of Bengal and the Bank of Bombay. It was established on 1 July 1843 through the amalgamation of a number of existing regional banks and headquartered in Madras. It was merged with the other Presidency banks in 1921 to form the Imperial Bank of India, which later became the State Bank of India.
The Imperial Bank of India (IBI) was one of the oldest and the largest commercial bank in India, and was subsequently renamed and nationalised as the State Bank of India in 1955. Initially, as per its royal charter, it acted as the central bank for India prior to the formation of the Reserve Bank of India (RBI) in 1935.
The Bengal Renaissance, also known as the Bengali Renaissance, was a cultural, social, intellectual, and artistic movement that took place in the Bengal region of the British Raj, from the late 18th century to the early 20th century. Historians have traced the beginnings of the movement to the victory of the British East India Company at the 1757 Battle of Plassey, as well as the works of reformer Raja Rammohan Roy, considered the "Father of the Bengal Renaissance," born in 1772. Nitish Sengupta stated that the movement "can be said to have … ended with Rabindranath Tagore," Asia's first Nobel laureate.
Anushilan Samiti was an Indian fitness club, which was actually used as an underground society for anti-British revolutionaries. In the first quarter of the 20th century it supported revolutionary violence as the means for ending British rule in India. The organisation arose from a conglomeration of local youth groups and gyms (akhara) in Bengal in 1902. It had two prominent, somewhat independent, arms in East and West Bengal, Dhaka Anushilan Samiti, and the Jugantar group.
Nalini Ranjan Sarkar was an Indian businessman, industrialist, economist, and public leader. He was greatly involved in the political and economic regeneration of Bengal. Sarkar was Finance Minister of West Bengal in 1948. The Sarkar Committee Report was instrumental in the subsequent establishment of the four Indian Institutes of Technology (IITs) by the Government of India.
The Imperial Legislative Council (ILC) was the legislature of British India from 1861 to 1947. It was established under the Charter Act of 1853 by providing for the addition of 6 additional members to the Governor General Council for legislative purposes. Thus, the act separated the legislative and executive functions of the council and it was this body within the Governor General's Council which came to known as the Indian/Central Legislative Council. In 1861 it was renamed as Imperial Legislative Council and the strength was increased.
The Bank of Bombay was the second of the three presidency banks of the Raj period. It was established, pursuant to a charter of the British East India Company, on 15 April 1840.
Pathuriaghata is a neighbourhood of North Kolkata in Kolkata district, in the Indian state of West Bengal. It is one of the oldest residential areas in what was Sutanuti. Once the abode of the Bengali rich, the neighbourhood and its surrounding areas are now dominated by Marwaris. Even in the 21st century the area is replete with colonnaded mansions.
Bangladesh is a developing country with an impoverished banking system, particularly in terms of the services and customer care provided by the government run banks. In recent times, private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or politically motivated government policies executed by the central bank of Bangladesh, Bangladesh Bank. The outcome is a banking system fostering corruption and illegal monetary activities/laundering etc. by the politically powerful and criminals, while at the same time making the attainment of services or the performance of international transactions difficult for the ordinary citizens, students studying abroad or through distance learning, general customers etc.
The Alliance Bank of Simla was a British-run though India-registered bank that commenced operations in Simla in 1874 under the management of James Lewis Walker. The bank was established to take over the business of the United Bank of India, established in 1866, which had operations in Simla and Umballa. Its board put the United Bank of India in voluntary liquidation on 21 March 1874, and Alliance Bank commenced operations two days later. After 49 years, Alliance Bank failed on 27 April 1923 due to speculation by its management. At the time that it failed it had 36 branches, including ones in Lahore, Lucknow, Peshawar, Rawalpindi, and Rangoon.
The Oriental Bank Corporation, or "OBC", was a British imperial bank founded in India in 1842 which grew to be prominent throughout the Far East. As an Exchange bank, the OBC was primarily concerned with the finance of trade and exchanges of different currencies. It was the first bank in Hong Kong and the first bank to issue banknotes in Hong Kong.
Nepal SBI Bank Limited (NSBL) was the result of the first Indo-Nepal joint venture in the financial sector sponsored by three institutional promoters, namely State Bank of India (SBI), Employees Provident Fund and Agricultural Development Bank of Nepal through a memorandum of understanding signed on 17 July 1992.
The Dacca Bank (1846) was a bank founded in the year 1846 in Dhaka, British India. The bank was the thirty second oldest bank in India.
The State Bank Archives and Museum is an initiative to document and preserve the history of banking in the Indian subcontinent. The archive and museum opened on 13 May 2007 in the State Bank of India (SBI) headquarters in Kolkata.
