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The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [ 1 ] The next major government intervention in banking took place on 19 July 1969 when the Indira government nationalised an additional 14 major banks.
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]
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
Punjab National Bank (abbreviated as PNB) is an Indian government bank based in New Delhi. [5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs .
The Punjab Public Service Commission (PPSC), [1] formerly the Joint Public Service Commission, is a government agency of the state of Punjab, India, established by the Constitution of India, responsible for the recruitment of various state government jobs through competitive examinations. [2] [3]
There is no such academic rank as a "Senior Professor", as is often used by some senior faculty members to indirectly state that they are in a higher pay grade (HAG scale). "Professor" is the highest academic rank in India, and is comparable to similar ranks used in United States and European universities.
National Professor of Sikh History, an authority on Sikh history, philosophy and scriptures; writer of Sikh History in 10 Volumes, Translator of Guru Granth Sahib (in English), creator of Navan Te Vadda Mahan Kosh (4 volumes, 2748 pages), plus writer of 60 books; presently Director of G.N. Research Institute, Birmingham, England.
The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India , the State Bank of India has been headed by twenty-seven chairpersons.