Imperial Bank of India

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Imperial Bank of India

Emblem of the Imperial Bank of India
Company type	Private (80%)
Industry	Banking, financial services
Predecessor	Bank of Calcutta (1806 – 1921) Bank of Bombay (1840 – 1921) Bank of Madras (1843 – 1921)
Founded	27 January 1921; 103 years ago (1921-01-27)
Founder	John Maynard Keynes
Defunct	1 July 1955; 69 years ago (1955-07-01)
Fate	Nationalization into State Bank of India in 1955
Successor	State Bank of India
Headquarters	Bombay, Bombay Presidency , India
Area served	India

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.