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Brief History of the Bank
State Bank of Bikaner and
Jaipur was established in 1963 after amalgamation of erstwhile
State Bank of Jaipur (established in 1943) with State Bank of
Bikaner (established in 1944) as a subsidiary of State Bank of
India. The Bank took over the business of the Govind Bank Pvt.
Ltd. on 25.04.1966. The Bank's main area of operation is
Rajasthan, with presence at all important centres in the
country. The Bank has 844 branches consisting of 833 business
branches, 8 service branches, 2 asset recovery branches and 1
treasury branch and has sponsored 3 RRBs.
The Bank follows transparent corporate governance policies and
is preparing itself for smooth migration to Basel II. On
technology front, during 2005-06, the Bank migrated all
branches to Core Banking Solution (CBS). The Bank has installed
336 ATMs and all ATMs are the part of over 5500 ATMs of State
Bank Group. Internet Banking has been extended to all our
branches for retail customers and select branches for corporate
customers. The Bank has rolled out Business Process
Reengineering (BPR) initiatives to improve operational
efficiency and better customer service and is committed to offer
value added services to its customers.
The Bank has been earning profit continuously since its
inception and the Bank's business crossed the level of Rs 49,245
crore with a net profit of Rs. 305.80 crore at the end of
March,2007. |
