Krishnaram Baldeo Bank

The Krishnaram Baldeo Bank was a bank founded in the year 1916 in Gwalior State, India. The bank was the one of the precursors of the State Bank of India.

The bank was eventually merged with the State Bank of India in 1975.

Founding
The bank had been founded in 1916 in Gwalior State. Its founder was the Maharaja Madho Rao Scindia.

The bank obtained its banking license from the Reserve Bank of India in 1958.

Management
One of the first managers of the bank was Jall N. Broacha, a Parsi.

The bank had most of its offices and branches in the Gwalior State. The bank was headquartered in Gwalior.

Final years
In 1975, the bank was acquired by the State Bank of India.

Legacy
The bank is notable for having played a major role in the history of the financial ecosystem of Gwalior State.

Even today, the building of the erstwhile Krishnaram Baldeo Bank continues to serve as the building of SBI's main branch in Gwalior.

The bank is also notable for being one of the precursors of the State Bank of India.