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Imperial Bank of India

Logo: Imperial bank of India, Public domain, via Wikimedia Commons3

Former central bank of India before 1935

The Imperial Bank of India (IBI) was one of the oldest and the largest commercial banks in India, and was subsequently renamed and nationalised as the State Bank of India in 1955. Initially, as per its royal charter, it acted as the central bank for India prior to the formation of the Reserve Bank of India (RBI) in 1935.2 It was founded in 1921 by John Maynard Keynes.1 It is headquartered in Mumbai.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1921Founded1
  • Industrybank, financial services1
  • HeadquartersMumbai1

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The Imperial Bank of India (IBI) was one of the oldest and the largest commercial banks in India, and was subsequently renamed and nationalised as the State Bank of India in 1955. Initially, as per its royal charter, it acted as the central bank for India prior to the formation of the Reserve Bank of India (RBI) in 1935.2

The story

Founded by John Maynard Keynes in 1921.1

Leadership

Who has led Imperial Bank of India, and when. Pick a name to see everywhere that person has worked.

Acquisitions

  1. Succeeded Bank of Bombay1
  2. Succeeded Bank of Calcutta1
  3. Succeeded Bank of Madras1
  4. Succeeded by State Bank of India1

Timeline

  1. Apr 30, 1955Dissolved Dissolved1
  2. 1921Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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  3. 3