The old name of which bank was imperial bank

Union bank of India
State bank of India
Punjab National Bank
Central bank of India

The correct answer is B. State Bank of India.

The Imperial Bank of India was a British-owned bank that operated in India from 1875 to 1955. It was founded by the merger of the three presidency banks of Bengal, Bombay, and Madras. The Imperial Bank of India was the largest bank in India and played a major role in the country’s economic development. In 1955, the Imperial Bank of India was nationalized and renamed the State Bank of India.

The Union Bank of India is a government-owned bank that was founded in 1919. It is the second-largest public sector bank in India. The Punjab National Bank is a government-owned bank that was founded in 1895. It is the third-largest public sector bank in India. The Central Bank of India is a government-owned bank that was founded in 1911. It is the fourth-largest public sector bank in India.

The Imperial Bank of India was the largest bank in India and played a major role in the country’s economic development. It was founded by the merger of the three presidency banks of Bengal, Bombay, and Madras. The Imperial Bank of India was nationalized and renamed the State Bank of India in 1955.

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