State Bank of Bikaner and Jaipur (SBBJ) History
The genesis of State Bank of Bikaner and Jaipur dates back to the year 1943-44, when the Bank of Jaipur Ltd. and the Bank of Bikaner Ltd. came into existence. In 1960, both banks were incorporated as subsidiaries of State Bank of India and named as State Bank of Bikaner and State Bank of Jaipur. On January 1, 1963, both banks were merged into one entity viz. State Bank of Bikaner and Jaipur.
Bank of Bikaner Ltd:
Bank of Bikaner was founded Maharaja Ganga Singh of Bikaner in 1944. 1
Bank of Jaipur Ltd:
Bank of Jaipur was founded in 1943 under the leadership of industrialist Ramnath Anandilal Podar. 1 2 He was invited by the then Government of Jaipur to organise `The Bank of Jaipur’ and was its chairman. He continued in that capacity till he was appointed by the Government of India as director of the `Central Board of the State Bank of India’. He was also the president of the Bombay Local Board of State Bank of India.