Bank of Bombay

Indian bank founded by British East India Company

Not to be confused with Bank of Bombay (1720).

Bank of Bombay

Bank of Bombay, 10 Rupees, 1860.

Industry| Banking
Financial services
Founded| 15 April 1840
Defunct| 27 January 1921
Fate| Merged with Bank of Calcutta and Bank of Madras
Successor| Imperial Bank of India
Headquarters|

Bombay, Bombay Presidency

British India

Area served

| British India

The Bank of Bombay was the second of the three presidency banks (others being the Bank of Calcutta and the Bank of Madras) of the Raj period. It was established, pursuant to a charter of the British East India Company, on 15 April 1840.

## Subsidiaries

[edit]

The bank's headquarters were in Bombay, now called Mumbai. The Bank of Bombay undertook all the normal activities which a commercial bank was expected to undertake. The Bank of Bombay, in the absence of any central banking authority at that time, also conducted certain functions which are ordinarily a preserve of a central bank.

The Bank of Bombay and two other Presidency banks - the Bank of Calcutta and the Bank of Madras - were amalgamated and the reorganized banking entity was named the Imperial Bank of India on 27 January 1921. The Reserve Bank of India, which is the central banking organization of India, in the year 1955, acquired a controlling interest in the Imperial Bank of India and the Imperial Bank of India was renamed on 30 April 1955 to the State Bank of India.

## See also

[edit]

* Indian banking

## Further reading

[edit]

* THE EVOLUTION OF THE STATE BANK OF INDIA, Volume 1 — The Roots 1806-1876 by Amiya Kumar Bagchi [1]

## References

[edit]

* Note issued by the Bank of Bombay Archived 7 March 2012 at the Wayback Machine

* v
* t
* e

Banking in India

Institutes|

| Central bank|

* v
* t
* e

Reserve Bank of India

Regulation|

* Reserve Bank of India Act, 1934
* Monetary Policy Committee

People|

* Governor of the Reserve Bank of India
* Deputy governor of the Reserve Bank of India

Buildings|

* Reserve Bank of India Staff College
* RBI Monetary Museum

Subsidiaries|

* Bharatiya Reserve Bank Note Mudran
* Security Printing and Minting Corporation of India

Think tanks|

* BBB
* BCSBI
* NPCI
* IBA
* IDRBT

Speciality banks|

* IIBI
* IFCI
* All India Financial Institutions :
* Exim Bank of India
* NABARD
* NaBFID
* NHB
* SIDBI

Other|

* BIFR
* IBBI
* IBPS
* Deposit Insurance (DICGC)

Public-sector
banks|

* Bank of Baroda
* Bank of India
* Bank of Maharashtra
* Canara Bank
* Central Bank of India
* Indian Bank
* Indian Overseas Bank
* Jammu & Kashmir Bank
* Punjab & Sind Bank
* Punjab National Bank
* State Bank of India
* UCO Bank
* Union Bank of India

Private-sector
banks|

* Axis Bank
* Bandhan Bank
* CSB Bank
* City Union Bank
* DCB Bank
* Dhanlaxmi Bank
* Federal Bank
* HDFC Bank
* ICICI Bank
* IDBI Bank
* IDFC First Bank
* IndusInd Bank
* Karnataka Bank
* Karur Vysya Bank
* Kotak Mahindra Bank
* Nainital Bank
* RBL Bank
* South Indian Bank
* Tamilnad Mercantile Bank
* Yes Bank

Foreign banks|

* Abu Dhabi Commercial Bank
* ANZ
* Bank Maybank Indonesia
* Bank of America
* Bank of Bahrain and Kuwait
* Bank of Ceylon
* Barclays
* Credit Suisse
* CTBC Bank
* Deutsche Bank
* HSBC
* Maybank
* MUFJ
* Rabobank
* Scotiabank
* Standard Chartered India

| Wholly owned subsidiary (WOS)|

* DBS Bank
* State Bank of Mauritius

|

Wound up/closed (or in process)|

* Antwerp Diamond Bank
* Citibank

Small finance banks|

* AU
* Fincare
* Capital
* ESAF
* Equitas
* Jana
* North East
* Suryoday
* Ujjivan
* Unity

Payments banks|

* Airtel
* Fino
* National Securities Depository
* India Post
* Jio
* Paytm

| Surrendered licencees
or wound up|

* Aditya Birla
* Vodafone M-Pesa
* Tech Mahindra

|

Cooperative
banks|

* Abhyudaya Co-operative Bank.
* Buldana Urban Cooperative Credit Society
* Cosmos Bank
* Dombivli Nagari Sahakari Bank
* Kerala Bank
* Mizoram Co-operative Apex Bank
* Punjab and Maharashtra Co-operative Bank
* Repco Bank
* Saraswat Bank
* Shamrao Vithal Co-operative Bank
* TNSC Bank
* Thane Janata Sahakari Bank

Regional rural banks|

* Assam Gramin Vikash Bank
* Bangiya Gramin Vikash Bank
* Karnataka Gramin Bank
* Mizoram Rural Bank
* Paschim Banga Gramin Bank
* Puduvai Bharathiar Grama Bank
* Tamil Nadu Grama Bank
* Uttar Bihar Gramin Bank
* Uttarakhand Gramin Bank
* Vananchal Gramin Bank

| Andhra|

* Andhra Pradesh Grameena Vikas Bank
* Andhra Pragathi Grameena Bank

|

Kerala|

* Kerala Gramin Bank
* North Malabar Gramin Bank
* South Malabar Gramin Bank

Uttar Pradesh|

* Allahabad UP Gramin Bank
* Gramin Bank of Aryavart
* Sarva UP Gramin Bank

Defunct banks|

| Merged|

| PSB|

* New Bank of India
* Dena Bank
* Vijaya Bank
* Allahabad Bank
* Andhra Bank
* Corporation Bank
* Oriental Bank of Commerce
* United Bank of India
* Syndicate Bank

|

SBI|

* Bank of Bombay
* Bank of Calcutta
* Bank of Madras
* Imperial Bank of India
* State Bank of Bikaner & Jaipur
* State Bank of Hyderabad
* State Bank of Indore
* State Bank of Mysore
* State Bank of Patiala
* State Bank of Saurashtra
* State Bank of Travancore
* Bharatiya Mahila Bank
* Krishnaram Baldeo Bank
* Kashinath Seth Bank

Rescued|

* Global Trust Bank (OBC)
* Lakshmi Vilas Bank (DBS)
* Nedungadi Bank (PNB)
* United Western Bank (IDBI)
* United Industrial Bank (Allahabad Bank)
* Punjab and Maharashtra Co-operative Bank (Unity SFB)

Acquired|

* Bank of Madura
* Bank of Rajasthan
* Bengal Central Bank
* Centurion Bank of Punjab
* Chartered Bank of India, Australia and China
* Grindlays Bank
* National Bank of India
* ING Vysya Bank
* Mercantile Bank of India, London and China
* Lord Krishna Bank
* Times Bank
* Vysya Bank

| PSB|

* Bharat Overseas Bank
* Pandyan Bank

|

Wound up|

* Bank of Chettinad
* Dass Bank
* Industrial Investment Bank of India

Failed|

* Alliance Bank of Simla
* Arbuthnot & Co
* Commercial Bank of India
* Exchange Bank of India & Africa
* (New) Oriental Bank Corporation
* Oudh Commercial Bank
* Madhavpura Mercantile Cooperative Bank

Liquidated|

* Bengal Bank (1784)
* Bank of Bombay (1720)
* Bank of Hindostan
* General Bank of India
* General Bank of Bengal and Bihar
* Nath Bank
* Palai Central Bank
* The Commercial Bank (1819)
* The Calcutta Bank (1824)
* The Union Bank (1828)
* The Government Savings Bank (1833)
* The Bank of Mirzapore (1835)
* Travancore National and Quilon Bank

Networks|

| Interbank networks|

* Cirrus
* NFS
* PLUS

|

ATM networks|

* BANCS
* Cashnet
* CashTree
* MITR

Cards|

* Mastercard
* Debit Mastercard
* Maestro
* RuPay
* Visa
* Visa Debit
* Visa Electron

Online transfers|

* AEPS
* BBPS
* BHIM
* IMPS
* NEFT
* RTGS
* UPI

Payment service
providers|

* Atom
* BHIM
* BillDesk
* CCAvenue
* Juspay
* Paytm
* Wibmo
* Zeta India

| Digital wallets|

* Amazon Pay
* BharatPe
* Freecharge
* Google Pay
* Mobikwik
* Oxigen Services
* Payoneer
* PayU
* Payworld
* PhonePe

|

Related topics|

* ATM usage fees
* Bank run
* Black money
* Counterfeit money
* De-materialisation (de-mat)
* Demonetisation
* 2016
* Low denomination coins
* Foreign exchange (ForEx)

* Lists:  List of banks
* List of oldest banks in India

| Protocol
and codes|

* Bharat Bill Payment System (BBPS)
* Indian Financial System Code (IFSC)
* National Unified USSD Platform (NUUP)
* Structured Financial Messaging System (SFMS)

|

Rates &
ratios|

| Rates|

* Bank rate
* Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR
* Mumbai Interbank Forward Offer Rate - MIFOR

|

Ratios|

* Capital Adequacy Ratio - CAR
* Statutory Liquidity Ratio - SLR
* Cash Reserve Ratio - CRR

Regulators|

* Insurance - IRDAI
* Banking - RBI
* Securities - SEBI
* Bankruptcy - IBBI

Insolvency,
bankruptcy and
reconstruction|

| Boards|

* BIFR
* IBBI
* CERSAI

|

Legislation|

* IBC
* SARFESI Act

Companies|

* ARCIL
* Edelweiss ARC
* IAMCL

Legislation|

* Banking Regulation Act, 1949
* Government Securities Act, 2006
* IBC, 2016
* NaBFID, 2021
* RBI Act, 1934
* SARFESI Act, 2002
* Income-tax Act, 1961
* Companies Act, 2013
* Insurance Act, 1938
* FEMA, 1999

Tribunals|

* Company Law - NCLT
* Appellate - NCLAT

Measures|

* Prompt Corrective Action

Other|

* Institute of Banking Personnel Selection
* Mumbai Consensus

* v
* t
* e

State Bank of India

Subsidiaries|

| India|

* SBI Card
* SBI General Insurance
* SBI Life Insurance Company
* SBI Capital Markets
* SBI Mutual Fund
* Yes Bank

|

International|

* PT Bank Indo Monex
* SBI Australia
* SBI Bangladesh
* SBI Baharain
* SBI Botswana
* SBI Canada Bank
* SBI China
* SBI (Mauritius) Limited
* Nepal SBI Bank Limited
* SBI Sri Lanka
* SBI South Korea
* SBI South Africa
* SBI UK Limited
* SBI USA

JVs|

* SBI Payments (76%) (JV with Hitachi Payments)

Predecessors|

* Imperial Bank of India (1921–1955)
* Bank of Calcutta (1806–1921)
* Bank of Bombay (1840–1921)
* Bank of Madras (1843–1921)

Major frauds|

* Rajkissore Dutt Case
* Nagarwala case

Mergers|

* State Bank of Bikaner & Jaipur (1963–2017)
* State Bank of Hyderabad (1941–2017)
* State Bank of Indore (1960–2010)
* State Bank of Mysore (1913–2017)
* State Bank of Patiala (1917–2017)
* State Bank of Saurashtra (1948–2008)
* State Bank of Travancore (1945–2017)
* Bharatiya Mahila Bank (2013–2017)

Investments|

* Jio Payments Bank (30%)
* Yes Bank (30%)
* Andhra Pradesh Grameena Vikas Bank (35%)
* Kaveri Grameena Bank (35%)

People|

| Chairperson|

* John Matthai (1955-1956)
* H. V. R. Iengar (1956-1957)
* P. C. Bhattacharya (1957-1968)
* Borra Venkatappaiah (1962-1965)
* V. T. Dehejia (1965-1969)
* Raj Kumar Talwar (1969-1976)
* T. R. Varadachary (1976-1977)
* P. C. D. Nambiar (1977-1982)
* V. S. Natarajan (1982-1983)
* R. P. Goyal (1983-1983)
* Vishwanath N. Nadkarni (1983-1984)
* D. N. Ghosh (1985-1989)
* Atal V. (1990-1990)
* M. N. Goiporia (1990-1992)
* Dipankar Basu (1993-1995)
* P. G. Kakodkar (1995-1997)
* M. S. Verma (1997-1998)
* M. P. Radhakrishnan (1998-1999)
* G. G. Vaidya (1999-2000)
* Janki Vallabh (2000-2002)
* Arun Kumar Purwar (2002-2006)
* O. P. Bhatt (2006-2011)
* Pratip Chaudhuri (2011-2013)
* Arundhati Bhattacharya (2013-2017)
* Rajnish Kumar (2017-2020)
* Dinesh Kumar Khara (2020–2024)
* Challa Sreenivasulu Setty (2024–present)

|

Current|

* Rama Mohan Rao Amara (SBI Cards)
* Prakash Chandra Kandpal (SBI General)
* Arun Mehta (SBICAPS)
* Mahesh Kumar Sharma (SBI Life)

CSR|

* SBI Foundation
* State Bank Archives and Museum

Mobile banking|

* YONO
* Yono Lite

Authority control databases

International|

* VIAF

National|

* United States
* Israel

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