Riding the Wave: SBI’s Soaring Share Price and What it Means for Investors

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The State Bank of India (SBI) is the largest and oldest public sector bank in India. Established in 1806 as the Bank of Calcutta, it was later renamed the Bank of Bengal in 1809. The bank underwent a series of transformations, becoming the Bank of Bombay and the Bank of Madras, before finally merging into the Imperial Bank of India in 1921. In 1955, the Reserve Bank of India took control of the Imperial Bank of India, and it was subsequently renamed the State Bank of India. Keep reading to explore about SBI share price.