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What is History of Banking in India about?

Banking in India originated in the late 18th century with the establishment of several banks. The oldest existing bank is the State Bank of India, formed in 1955 from the presidency banks established in the 1800s under the British East India Company. Nationalization in the 1960s and 1980s brought most banking under government ownership, increasing branches and public trust. Reforms since 1991 have liberalized the system, introducing many new products and facilities along with foreign and private banks to cr

Author

Guru Baran

Language

EN