In which year the nationalisation of subsidiary bank of the state bank of india was done?
singleAnswer
1955
State Bank of India
In which year the nationalisation of subsidiary bank of the state bank of india was done?
Banking in India State Bank of India Bank of India Bank of Baroda Public sector banks in India Canara Bank Punjab National Bank Union Bank of India State Bank of Mysore Andhra Bank
The new private sector <b>banks</b> in India have the most ATMs, followed by off-site 
ATMs belonging to <b>SBI</b> and its <b>subsidiaries</b> and then by <b>nationalised banks</b> and&nbsp;... This made eight <b>banks</b> that had belonged to princely states into <b>subsidiaries</b> of 
<b>SBI</b>. This was at the time of the first Five <b>Year</b> Plan, which prioritised the&nbsp;... In business volume, the <b>Bank</b> occupies a premier position among the 
<b>nationalised banks</b>. The <b>bank</b> has over 5,100 branches in <b>India</b> spread over all 
<b>states</b> and&nbsp;... <b>Bank</b> of Baroda (BOB) is an <b>Indian</b> Multinational, public sector <b>Banking</b> and 
financial services ... The Government of <b>India nationalized</b> the <b>bank</b>, along with 
13 other major ... The next <b>year</b> BoB acquired two <b>banks</b>: Umbergaon People&#39;s 
<b>Bank</b> in ... In Guyana, BoB incorporated its branch as a <b>subsidiary</b>, <b>Bank</b> of 
Baroda&nbsp;... Public Sector <b>Banks</b> (PSBs) are a major type of <b>bank</b> in <b>India</b>, where a majority 
stake (i.e. more ... The seven other <b>state banks</b> became the <b>subsidiaries</b> of the 
new <b>bank</b> in 1959 when the ... This move increased the presence of <b>nationalised</b> 
<b>banks</b> in <b>India</b>, with 84% of the total branches coming under government control. <b>banks</b> owned by the Government of India. It is headquartered in Bengaluru. It was 
established at Mangalore in 1906 by Ammembal Subba Rao Pai. It is one of the 
oldest public sector <b>banks</b> in the country. The government <b>nationalized</b> the <b>bank</b> 
in 1969. ... Together with <b>State Bank of India</b>, Canara <b>Bank</b> established a joint 
venture in&nbsp;... Punjab National <b>Bank</b> (PNB) is a <b>Banking</b> and Financial service <b>bank</b> owned by 
Government of ... PNB has a <b>banking subsidiary</b> in the UK (PNB International 
<b>Bank</b>, with seven ... In 1993, PNB acquired New <b>Bank of India</b>, which the GOI had 
<b>nationalized</b> in ... Two <b>years</b> later, PNB established PNBIL – Punjab National 
<b>Bank</b>&nbsp;... Union <b>Bank of India</b> (UBI; BSE: 532477) is one of the largest government-owned 
<b>banks of India</b>; ... By the time the <b>Indian</b> government <b>nationalized</b> Union <b>Bank of</b> 
<b>India</b> in 1969, it had 240 branches. In 1975, Union ... The next <b>year</b>, Union <b>Bank</b> 
established a branch in Hong Kong, its first branch outside <b>India</b>. In 2009, Union
&nbsp;... State <b>Bank</b> of Mysore was a Public Sector <b>bank</b> in India, with headquarters at 
Bengaluru. It was one of the five associate <b>banks</b> of <b>State Bank of India</b>, all of 
which were consolidated with the <b>State Bank of India</b> with effect from 1 April 2017
. State <b>Bank</b> of Mysore was established in the <b>year</b> 1913 as The <b>Bank</b> of ... <b>State</b> 
<b>Bank of India</b> under the <b>State Bank of India</b> (<b>subsidiary Banks</b>) Act 1959. The <b>state</b> owned Life Insurance Corporation of <b>India</b> holds 7.80% of the shares. 
The <b>bank</b> has <b>done</b> a total business of ₹3,106 billion (US$44 billion) and has&nbsp;...
1959
State Bank of Mysore