State Bank of India and rural development

The basic reason for writing this book is to see a text that reflects the entire activities and operations of the State Bank of India. The Natio nalisation of the Imperial Bank of India was one of the most important events in Indian Banking History. The SBI was set up in 1955 as a result of the recommendations of the Rural Credit Survey Committee of 1954. The State Bank of India is the heart of our financial system. Although banks create no new wealth, their lending, investing and related activities facilitate the econo mic process of production, distribu tion and consumption. The State Bank of India has all along remained in the vanguard in all programmes for helping the common man and is currently actively associating itself with the financing of schemes which I would help the poor and weaker sections of the nation.
The text has been written with the sole objective of providing profes sionals and students alike with description and analysis of the SBI activities in a simple but lucid language