What do you think?
Rate this book
The SBI Story: Two Centuries of Banking
From princes to peasants, musicians to masons, cement plant owners to casual labourers—the State Bank of India (SBI) has been the bank for Indians. Widely trusted and near-ubiquitous, the SBI has come to symbolise banking across the length and breadth of the nation.
The Presidency banks of the 1800s—the Bank of Bengal, the Bank of Madras and the Bank of Bombay—set up by the British to facilitate trade and the repatriation of remittances to England were its forebears. The SBI Story narrates the compelling circumstances that prompted the founding of the Presidency banks, how they fared back in the day and why they coalesced to emerge as the Imperial Bank in 1921, which came to be the State Bank of India in 1955.
Vikrant Pandey traces the SBI’s deep connection to India’s economic progress, and the bank’s proactive approach to change and to reinventing itself to meet the evolving needs of a growing nation. From banking for the classes to banking for the masses, it has striven to blend business goals with social obligations.
A history of the SBI is the story of how banking emerged in the last two centuries, and of how closely it participated in the key events that shaped a nation. Indeed, it is another way of looking at Indian history itself. Deeply researched and written in vivid prose, this book is a must-read for anyone interested in business and economic history.
The Presidency banks of the 1800s—the Bank of Bengal, the Bank of Madras and the Bank of Bombay—set up by the British to facilitate trade and the repatriation of remittances to England were its forebears. The SBI Story narrates the compelling circumstances that prompted the founding of the Presidency banks, how they fared back in the day and why they coalesced to emerge as the Imperial Bank in 1921, which came to be the State Bank of India in 1955.
Vikrant Pandey traces the SBI’s deep connection to India’s economic progress, and the bank’s proactive approach to change and to reinventing itself to meet the evolving needs of a growing nation. From banking for the classes to banking for the masses, it has striven to blend business goals with social obligations.
A history of the SBI is the story of how banking emerged in the last two centuries, and of how closely it participated in the key events that shaped a nation. Indeed, it is another way of looking at Indian history itself. Deeply researched and written in vivid prose, this book is a must-read for anyone interested in business and economic history.
- GenresEconomics
216 pages, Hardcover
First published November 29, 2021
3 people are currently reading
59 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 of 1 review
December 22, 2021
Really good book that goes deep into the history of the State Bank of India (SBI) from its origin to the present day and ends with what might be the situation in the future. Although the SBI has been a much maligned institution and some of this criticism has been rightly deserved, its origin story and some of its achievements have been quite extraordinary. People like RK Talwar who were at its helm were visionaries who dared to take on the mighty and made a huge difference as to how the organisation conducted its business. Good book.
Displaying 1 of 1 review