STATE BANK OF INDIA: A HISTORICAL APPRAISAL OF CONTRIBUTIONS AND POST-DEMONETIZATION ECONOMIC TRANSFORMATIONS

Authors

  • Shankar R.N Research Scholar, Department of Economics, Osmania University, Hyderabad-500007, (T.S.), India,
  • Ram Shepherd Bheenaveni Assistant Professor, Department of Sociology, Osmania University, Hyderabad-500007, (T.S.), India , Visting Scholar, School of Social Work, University of Texas Rio Grande Valley, Edinburg - 78539, Texas, USA

Keywords:

State Bank of India, Bank, Banking History, Bank Services, Demonetization

Abstract

The current study traces the history of the State Bank of India (SBI) from its colonial roots to its current function as a catalyst for India’s economic progress. SBI’s progress parallels the expansion of the country, handling obstacles and transitions. Notably, the post-demonetization phase catapulted SBI into a pivotal role, propelling digitalization and financial inclusion. The impact of demonetization was a watershed event for SBI, reinforcing its commitment to innovation and changing its approach to financial services. SBI, via its technical skill and agility, not only accepted but also used change to improve client experiences and operational efficiency, cementing its history as a dynamic and prominent institution in the country’s banking sector.

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How to Cite

Shankar R.N, & Ram Shepherd Bheenaveni. (2023). STATE BANK OF INDIA: A HISTORICAL APPRAISAL OF CONTRIBUTIONS AND POST-DEMONETIZATION ECONOMIC TRANSFORMATIONS. EPRA International Journal of Economic and Business Review(JEBR), 11(9), 24–31. Retrieved from https://eprajournals.net/index.php/JEBR/article/view/2815

Issue

Vol. 11 No. 9 (2023): EPRA International Journal of Economic and Business Review(JEBR)

Section

Articles