In 1955, the Imperial Bank of India was nationalised. The State Bank of India is the largest and oldest bank still in operation (S.B.I). In June 1806 it was founded as the Bank of Calcutta. It was renamed the Bank of Bengal in 1809. The Bank of Bombay and the Bank of Madras were the other two banks funded by a presidency government. The three banks merged in 1921 to form the Imperial Bank of India, which became the State Bank of India in 1955 after India's independence.
Related On This Day
As the Red Army occupies Berlin in 1945, Adolf Hitler and his new wife Eva Braun commit suicide in the Fuhrerbunker.
Dadasaheb Phalke, an Indian producer-director-screenwriter renowned as the "Father of Indian Cinema," was born in 1870.
Sonnalli Seygall, an Indian model and actress whose film debut was in 2011 with Pyaar Ka Punchnama, was born in 1989.
Anushka Sharma, an Indian actress and film producer who works in Hindi films, was born in 1988
Elvis Presley marries actress Priscilla Beaulieu at the Aladdin Hotel in Las Vegas, Nevada in 1967.