The Evolution of the State Bank of India
The Evolution of the State Bank of India

Author: Amiya Kumar Bagchi

Publisher: SAGE Publications Pvt. Limited

Published: 2003-04-08

Total Pages: 708

ISBN-13:

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Drawing upon the archival material of the State Bank of India, which include some of the most extensive primary sources available on joint stock banking in India, this book, the final volume in the trilogy on the evolution of the State Bank of India, is a narrative history of the Imperial Bank of India from 1921 to 1955. The book documents with precision and rare candour the initial setbacks and subsequent rise of the Imperial Bank during a critical political and economic phase that spanned the Great Depression, World War II and post-Independence India, as also the corresponding development of industries in India with which the Imperial Bank was closely associated. It also briefly profiles the Reserve Bank of India, which was established in 1935 in order to take over the quasi-central functions of the Imperial Bank.

Barons of Banking
Barons of Banking

Author: Bakhtiar Dadabhoy

Publisher: Random House India

Published: 2013-09-18

Total Pages: 403

ISBN-13: 8184004761

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Barons of Banking highlights the contributions of six distinguished personalities from the world of banking—Sir Sorabji Pochkhanawala, Sir Purshotamdas Thakurdas, Sir Chintaman D. Deshmukh, A.D. Shroff, H.T. Parekh, and R.K. Talwar—who not only played a pioneering role in the growth of the institutions which they founded, or were actively associated with, but left an indelible mark on the banking industry as a whole. Through the narration of the history of five key institutions - the Central Bank of India; the Reserve Bank of India; the State Bank of India; the Industrial Credit and Investment Corporation of India Ltd; and the Housing Development and Finance Corporation Ltd—the author gives us a keen insight into the contributions of these luminaries to banking in India. Also included is a narration of the recommendations of important committees and commissions which influenced the course of Indian banking. Divided into four parts, the book uses hitherto unused archival material recently put in the public domain by the RBI. Of particular interest is a discussion of the acrimonious relationship between Sir James Grigg, the Finance Member of the Viceroy’s Executive Council and Sir Osborne Smith, the first Governor of the RBI, which throws fresh light on a spat which remains unprecedented not only in the bank’s history, but possibly in all of banking history. Meticulously researched and engagingly written, this book will be of interest to both the academic and general reader and, of course, to the professional banker interested in a selective peep into the history of his profession.