Indian Bank History
The banking sector development can be divided into three phases:
- Phase I: The Early Phase which lasted from 1770 to 1969
- Phase II: The Nationalization Phase which lasted from 1969 to 1991
- Phase III: The Liberalization or the Banking Sector Reforms Phase which began in 1991 and continues to flourish till date
State Bank of India (SBI) has the largest number of overseas branches (52) followed by Bank of Baroda (50) and Bank of India (29).