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Imperial Bank of India was old name of ?

  • A.State Bank of India
  • B.United Bank of India
  • C.Central Bank of India
  • D.Punjab National Bank

Answer: A

It was the old name of the State Bank of India.

The Imperial Bank was formed in 1921 by amalgamating the presidency banks of Bengal, Bombay and Madras. It was nationalised and renamed the State Bank of India on 1 July 1955, on the recommendation of the All-India Rural Credit Survey.

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