Question

SBI was formed on

• A. 1st July 1950
• B. 1st July 1960
• C. 1st October 1955
• D. 1st July 1955

Answer 1

Answer:

D. 1st July 1955

STATE BANK OF INDIA:

• SBI was formed on 1st July 1955 with the passing of SBI ACT

• SBI Act was passed in 8th May 1955 

• The origin of the SBI goes back with the establishment Bank of Calcutta.