Krishnaram Baldeo Bank Explained

The Krishnaram Baldeo Bank
Type:	Public sector
Industry:	Banking, Insurance, Capital Markets and allied industries
Fate:	merged with the State Bank of India
Successor:	State Bank of India
Foundation:	as Krishnaram Baldeo Bank
Founder:	Madho Rao Scindia
Location City:	Gwalior
Locations:	Gwalior State
Area Served:	India
Products:	Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes
Services:	Banking, Trade Finance
Parent:	State Bank of India
Location Country:	India

The Krishnaram Baldeo Bank was a bank founded in the year 1916 in Gwalior State, India.^[1] The bank was the one of the precursors of the State Bank of India.^[2]

The bank was eventually merged with the State Bank of India in 1975.^{[3] [4] [5]}

History

Founding

The bank had been founded in 1916 in Gwalior State. Its founder was the Maharaja Madho Rao Scindia.^[6]

The bank obtained its banking license from the Reserve Bank of India in 1958.^[7]

Management

One of the first managers of the bank was Jall N. Broacha, a Parsi.^[8]

The bank had most of its offices and branches in the Gwalior State.^{[9] [10]} The bank was headquartered in Gwalior.^[11]

Final years

In 1975, the bank was acquired by the State Bank of India.^{[12] [13] [14]}

Legacy

The bank is notable for having played a major role in the history of the financial ecosystem of Gwalior State.^[15]

Even today, the building of the erstwhile Krishnaram Baldeo Bank continues to serve as the building of SBI's main branch in Gwalior.

The bank is also notable for being one of the precursors of the State Bank of India.^{[16] [17] [18]}

See also

• Indian banking
• List of banks in India

External links

• State Bank of India and its associate banks
• History of the Bank
• A dissertation on the bank

Notes and References

1. Web site: Opinion: The long road to an Indian banking union . www.livemint.com.
2. Book: Analysis of Mergers and Acquisitions in the Indian Banking Sector Under Post Liberalization Era . 978-81-945170-4-7 . Krishnajikavishwar . Rahul . Archers & Elevators Publishing House .
3. Book: Banking Sector Efficiency in Globalised Economy . 978-81-7629-828-5 . Kumar . Parmod . 2006 . Deep & Deep Publications .
4. Book: Central Bank Independence, Regulations, and Monetary Policy: From Germany and Greece to China and the United States . 978-1-137-58912-5 . Chaudhuri . Ranajoy Ray . 29 October 2018 . Springer .
5. Book: Analysis of Mergers and Acquisitions in the Indian Banking Sector Under Post Liberalization Era . 978-81-945170-4-7 . Krishnajikavishwar . Rahul . Archers & Elevators Publishing House .
6. Book: Analysis of Mergers and Acquisitions in the Indian Banking Sector Under Post Liberalization Era . 978-81-945170-4-7 . Krishnajikavishwar . Rahul . Archers & Elevators Publishing House .
7. Web site: SBI Banking report . www.vidyaprasar.dei.ac.in.
8. Web site: Bankins System in India History | PDF | Economy Related Organizations | Banks .
9. Web site: DISTRICT PROFILE - 2017 . www.cdn.s3waas.gov.in.
10. https://www.nluo.ac.in/wp-content/uploads/2021/04/Legal-Fortnight-Febedn-vol1.pdf
11. https://www.nluo.ac.in/wp-content/uploads/2021/04/Legal-Fortnight-Febedn-vol1.pdf
12. Book: Banking Sector Efficiency in Globalised Economy . 978-81-7629-828-5 . Kumar . Parmod . 2006 . Deep & Deep Publications .
13. Book: Central Bank Independence, Regulations, and Monetary Policy: From Germany and Greece to China and the United States . 978-1-137-58912-5 . Chaudhuri . Ranajoy Ray . 29 October 2018 . Springer .
14. Book: Analysis of Mergers and Acquisitions in the Indian Banking Sector Under Post Liberalization Era . 978-81-945170-4-7 . Krishnajikavishwar . Rahul . Archers & Elevators Publishing House .
15. Web site: B.COM PROJECT WORK and Customer-Satisfaction . www.gdcchebrole.ac.in.
16. Book: Banking Sector Efficiency in Globalised Economy . 978-81-7629-828-5 . Kumar . Parmod . 2006 . Deep & Deep Publications .
17. Book: Central Bank Independence, Regulations, and Monetary Policy: From Germany and Greece to China and the United States . 978-1-137-58912-5 . Chaudhuri . Ranajoy Ray . 29 October 2018 . Springer .
18. Book: Analysis of Mergers and Acquisitions in the Indian Banking Sector Under Post Liberalization Era . 978-81-945170-4-7 . Krishnajikavishwar . Rahul . Archers & Elevators Publishing House .