When was sbi nationalised?
19th July, 1960
It took place in July 1955 under the SBI Act of 1955. Nationalisation of Seven State Banks of India (formed subsidiary) took place on 19th July, 1960. The State Bank of India is India's largest commercial bank and is ranked one of the top five banks worldwide.
1 July 1955
SBI is a semi nationalized bank. And it was formed by amalgamation of three banks. And its name decided to be imperial bank. And in 1955 renamed as SBI.
It is a nationalised bank..the largest bank-imperial bank of india- was natiinalised in 1955 and rechristened as State bank of india
Sbi is not a nationalised bank in 1955 Imperial bank of India was made as State Bank of India.
in 1955 under the SBI Act of 1955.