In 1955, the Reserve Bank of India acquired the Imperial Bank of India under the State Bank of India Act (1955). The bank was renamed as the State Bank of India afterwards. - Study24x7
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03 Apr 2019 11:34 AM study24x7 study24x7

In 1955, the Reserve Bank of India acquired the Imperial Bank of India under the State Bank of India Act (1955). The bank was renamed as the State Bank of India afterwards.

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