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Question
On which date is the establishment of State Bank of India celebrated?
Options:
A .  1st July
B .  1st January
C .  15th October
D .  19th June
Answer: Option A
Answer: (a)
1st July is celebrated as the establishment date of the State Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India.
SBI is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai.
It has assets of US$388 billion and 16,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.

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