State Bank Of Mysore Established

Hii sir, will you please tell me when the State bank of Mysore is Established ? Also provide me Some information about the State bank of Mysore?

State Bank of Mysore was established in the year 1913 It is one of the five associate banks of State Bank of India.

This bank has 976 branches and 10627 employees (June 2014) and the Bank has 772 branches (79%) in Karnataka Stat

History of the bank

913 - The Bank was established as 'Bank of Mysore Ltd.', on 19 May, with an authorised capital of Rs.20.00 lakhs.

Commenced its business on 2 October 1913.

1953 - During the year, the Bank was appointed as an Agent of Reserve Bank of India to conduct Government business & treasury operations.

1959 - With effect from 10 September, the Bank was constituted as State Bank of Mysore as a Subsidiary of State Bank of India, under State Bank of India

1959 -The bank has formulated schemes for financing coffee planters/coffee traders against coffee curers certificate, financing coffee traders, coffee exporters & coffee curers who also engage in trading.

For any queiry you may contact to the State bank of Mysore the contact detials are given below :

Customer service: 1800 425 2244

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Answered By StudyChaCha Member