Commercial banks in India were nationalized, with State Bank of India being nationalized and renamed.
1 report, 1 independent
Updated Aug 23
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What happened
Commercial banks in India were nationalized, with State Bank of India being nationalized and renamed.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Indira Gandhi
Prime Minister of India (1966-1977; 1980-1984)
- Political activity unfolds across India, including a mention of Harnam Singh in Haryana, BJP targeting Rahul Gandhi, and Indira Gandhi leading Congress.
- Organized gangs committed violence and destruction in New Delhi following an assassination, leading to mass violence and attacks on a presidential cavalcade.
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State Bank of India
Indian public sector bank and financial services organization
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Imperial Bank of India
Indian company
Nothing else this week.
Related events
- Modi set goals for Indian banks globally, while Sitharaman announced necessary banking reforms for India, noting SBI's current top 50 global ranking.
- Consumer commission directed State Bank of India to pay a deposit.
- State Bank of India opened a new branch in Bhokar village, located in Jalgaon.
- SBI has expanded its operations through various subsidiaries, including SBI Card, SBI Life Insurance, and SBI General Insurance.