Commercial banks in India were nationalized, with State Bank of India being nationalized and renamed.

The entities involved

• Indira Gandhi →

  Prime Minister of India (1966-1977; 1980-1984)

  • David Ben-Gurion and Indira Gandhi met while vacationing at Burgenstock resort in 1953.Mon 04:34
  • Ashok Gehlot compared the current political climate to Indira Gandhi's era and urged the alliance to project Rahul Gandhi as a leader.Mon 01:47
• State Bank of India →

  Indian public sector bank and financial services organization

  • Morgan Stanley, Bank of Baroda, and State Bank of India are selling shares in the NSE public offering.Mon 16:42
  • Government directs public sector banks to remain open, and RBI grants approval for full operational status.Mon 00:37
• 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.Aug 18
• SBI's lending operations are focused on the region of West Bengal.Sep 17
• State Bank of India is suggesting Hyderabad and Kolkata as posting locations and requiring IIBF certification for applicants.Aug 29
• State Bank of India addresses financial needs of Indian agri value chain.Sep 11
• Indian economy relies on large financial institutions.Aug 26