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STATE BANK OF BIKANER AND JAIPUR

Jan 21, 2020 351

HISTORY:

 Origination Bank of Bikaner and Jaipur back to the 1943-1944 year, when Jaipur Bank Limited and Bank of Bikaner, Ltd. came into existence. In 1960, and it included all of the banks as subsidiaries of the State Bank of India and named State Bank of Bikaner and Jaipur, State Bank in. At January 1, 1963, the two banks were merged into a single entity. State Bank of Bikaner and Jaipur. Subject to the constitution, capital, management and other issues related to the West to the provisions of the SBI Act  subsidiary banks  1959.

And it held 75% of the shares of SBBJ of the SBI and the rest by institutional investors and the general public. The Bank through the Bank Govind soldier acts. Limited, Mathura in April 25th, 1966. SBBJ gold in the year 1997 to 1998 with the issue of12.21 lakh shares worth 100 each at a premium of 440 / -. SBBJ is the only bank in the public sector with headquarters in the state of Rajasthan.

At the time of incorporation, and it was the Commercial Bank of 45 billion rupees, net profit of 7.5 lakh and a network of 124 branches (96 in Rajasthan). Before March 2013 to increase the bank's business to 1,30,590 rupees, and net profit at 730.24 billion rupees.

Number of branches increased to 1049 (862 in Rajasthan) as at 09.30.2013. SBBJ has sponsored three regional rural banks viz. Marwar Grameen Bank (established in 1976), Sriganganagar Kshetriya Grameen Bank (1984) and Bank of Bikaner Kshetriya Grameen (1985). These were merged into a single RRB sense. It was merged MGB Grameen Bank in June 2006. On 02.25.2013 and the Grameen Bank MGB (RRB sponsored SBBJ) and Jaipur Thar Grameen Bank (RRB Bank-sponsored Yoko) in the rural regional one bank named 'Marudhara Grameen Bank "under the auspices of SBBJ with the head office in Jodhpur. Bank shoulders lead responsibility for the bank in the nine regions of the state.

CHAIRMAN: Shri Dibakar Mohanty