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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
Candidates were allowed to view their answer sheets and point out errors in the grading of answers for a fee of Rs. 100 per question. [18] [19] For the 2017 exam, 3,026,598 candidates filled in the online application, [20] of which 1,543,418 candidates took the exam. 226,229 candidates passed Tier 1, [21] and 47,003 candidates passed Tier 2. [22]
The SBI has merged its Associate banks into itself to create the largest Bank in India on 1 April 2017. With this merger SBI has a global ranking of 236 on Fortune 500 index. The term commercial banks refers to both scheduled and non-scheduled commercial banks regulated under the Banking Regulation Act, 1949. [10]
NABARD Grade A Examination: This exam is conducted by the bank almost every year to recruit Grade-A Officers (Assistant Managers in Group 'A') for its Rural Development Banking Services (RDBS) and Rajbhasha Services. [36] NABARD Grade-B Examination: This exam is conducted to recruit Grade-B Officers (Managers in Group 'A'). However, its ...
Recruitment Rules: The Commission is mandated under Art. 320 of the Constitution of India, read along the UPSC (Exemption from Consultation) Regulations, 1958, to advise on framing and amending of Recruitment and Service Rules for various Group A and Group B posts in the Government of India, and certain autonomous organizations like EPFO , ESIC ...
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State Bank of Mysore (SBM) was established in 1913 under the name Bank of Mysore Ltd. [7] A banking committee headed by Sir M Visweswaraiah was formed under the patronage of the Mysore state which led to the formation of this bank. In 1960, this bank was made an associate bank of the State Bank of India which holds 92.33% of shares of SBM. As ...
The bank has a lien on cheques deposited to the customer's account, to the extent that the customer is indebted to the bank. The bank must not disclose details of transactions through the customer's account – unless the customer consents, there is a public duty to disclose, the bank's interests require it, or the law demands it.