DOCSLIB.ORG

IDBI Federal Life Insurance Believes That Sports Build Character, Especially Grassroots Sports

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
IDBI Federal Life Insurance Believes That Sports Build Character, Especially Grassroots Sports About IDBI Federal’s grassroots sports development philosophy: IDBI Federal Life Insurance believes that sports build character, especially grassroots sports. Solid character and discipline in individuals in turn build better societies. IDBI Federal has always remained on the forefront to contribute to the society’s well being and sporting fabric of the country. The company began its journey around this vision with a launch of Bowling Foundations across various state cricket associations. They roped in the bowling legend, Jeff Thomson for this initiative. Apart from this, the company also supports Vengsarkar Cricket Academy (VCA) founded by Dilip Vengsarkar, former India captain and an astute cricket administrator. The players are selected on the basis of merit and the training is provided free of cost making it a great platform for up-coming cricketers from humble backgrounds to not only showcase their talent, but also further nurture their cricketing skills. About IDBI Federal Quest for Excellence: In December 2016, IDBI Federal announced yet another grassroots sports development initiative – an association with Pullela Gopichand to launch the ‘Quest for Excellence’ programme. The initiative has been launched with an aim to support country’s vision of creating world-class badminton players to represent India at international tournaments and bring back laurels for the country, including the 2020 Olympics in Tokyo, Japan. The silver medal by PV Sindhu at Rio Olympics 2016 has propelled the game to its much- deserved eminence in India and one cannot undermine the role Pullela Gopichand has played over the years in developing world-class players for India. An association with Gopichand Badminton Academy strongly reflects IDBI Federal’s commitment to this game and grassroots sports development in India. Pullela Gopichand, Programme Head, Quest for Excellence, says, “In India, Badminton doesn’t get the kind of support that some other sports get. ‘Quest for Excellence’ is great step taken by IDBI Federal Life Insurance in extending its support to train quality badminton players. It is an opportune time for IDBI Federal Life Insurance and our academy to come together and we are excited to push initiatives to promote badminton and hope to inspire a generation of medal- winners.” 1 IDBI Federal Life Insurance Quest for Excellence & Pullela Gopichand Academy reiterated their commitment towards this sport with the launch of #Youngchamps campaign in December 2017. They yet again embarked a journey to promote badminton and give budding badminton players in India an opportunity to grow, through this new initiative. IDBI Federal Life Insurance has become the first company to launch a badminton talent hunt in India as a part of Quest For Excellence #YoungChamps programme with the Chief National Coach of Indian Badminton, Pullela Gopichand. The aim of the programme is promote badminton among the youth, and to identify budding badminton players who will be the country’s next champions. During the first phase of this pan-India campaign, entries were accepted via two mediums; comment and direct message to Facebook and Twitter. The entry was free and a reference video was uploaded on Facebook and Twitter to help the participants understand the process better. The applicants shared a two-minute video shot in daylight with clarity. This was followed by a 3 weeks long selection process. The entries were shortlisted by Pullela Gopichand himself and his professional coaches and results were announced on Facebook and Twitter with a video and a post. Out of the thousand plus entries that were received in the first round, twenty-six kids were shortlisted for an evaluation process at the Pullela Gopichand Badminton Academy in Hyderabad. After a rigorous evaluation process on 21st April, fourteen talented young players, aged between 7 -11 years, have been selected purely on the basis of their performance, fitness, attitude, agility, and footwork. The next stage of the programme is the training of these #YoungChamps at the Pullela Gopichand Badminton Academy. The training is spread over two weeks during the summer and winter vacations respectively. During the four-week tenure, the kids will get an opportunity to learn new techniques and master various skills. The first batch of the summer training will begin on 30th April and the second one on 14th May. In order to strengthen the technical and tactical skills of these young shuttlers, special coaches will be assigned to test the physical and mental strength of each kid with a focus on their behaviour, discipline and fair play. The kids will also 2 be able to interact with and observe the country’s top national and international players at the Academy which will inspire and motivate them to train harder. At the end of the training, based on Pullela Gopichand and his team’s evaluation of their overall performance, fitness and commitment, the talented kids could receive an opportunity to train permanently at the Pullela Gopichand Badminton Academy which will be sponsored by the IDBI Federal Quest For Excellence programme. Karthik Raman, CMO, IDBI Federal Life Insurance said, "We are delighted to announce the fourteen kids who are our first-ever IDBI Federal Quest For Excellence #YoungChamps. The four-week innovative training programme at the Pullela Gopichand Badminton Academy will allow the elite team of coaches to hone in on specific areas of improvement for the overall development of each of the selected kids. Badminton legend, Pullela Gopichand himself will keep a close eye on every kid in the programme, as we seek to identify those whom we can nurture and develop to become India's next badminton stars." Pullela Gopichand, Chief National Coach for the Indian Badminton team and Programme Head, IDBI Federal Quest For Excellence said, "I am thrilled to see such a tremendous response to the IDBI Federal Quest for Excellence #YoungChamps programme. It was extremely difficult to shortlist the twenty-six kids out of the thousand-plus entries that we received in the first round and it was even more difficult to select the final fourteen budding badminton players. All of them show immense promise and potential, and we will now work with each #YoungChamp to help them further develop their skills and gain confidence." Through digital promotions, this is the first time a platform has been given to kids across the country, and even beyond boundaries, to showcase their talent as badminton players and earn a scholarship to train at the ‘Mecca of Indian badminton’, Gopichand Academy. These fourteen kids have been selected from various parts of India and Dubai. The new techniques and skills acquired during the training might earn these #YoungChamps an opportunity to get permanently absorbed by the academy and they could eventually become the next gen badminton stars of the country who would bring laurels and glory to the nation. The selected #YoungChamps are: 1) Naishaa Kaur Bhatoye, Mumbai 2) D. Anudheep, Hyderabad 3) Sakshi Prakash, Dubai 4) R Sphoorty, Hyderabad 5) Vansh Dev, New Delhi 6) Showrya Kiran, Hyderabad 7) Shanay Patel, Ahmedabad 8) Sai Praavin S, Coimbatore 9) A Bhavesh Reddy, Telangana 10) Pawan Suresh, Karnataka 11) Tushit Kejriwal, Odisha 12) Abhinav Garg, Bangalore 3 13) Riyan Malhan, Dubai 14) Charan Simha Reddy, Hyderabad 4 .
Load more

Recommended publications
  • List of Accredited Academies Under Khelo India Dated
    List of Accredited Academies under Khelo India Dated. 26.09.2018 List of Private/ State Govt. Aacademies S.No. Sports Discipline Accredited Academies 1 Archery Army Sports Institute, Pune 2 Archery MP Academy, Jabalpur 3 Archery Punjabi University, Patiala 4 Archery Birsa Munda Archery Academy, (Compound), Silli, Ranchi 5 Athletics Army Sports Institute, Pune 6 Athletics Ashwini Sports Foundation, Kodagu 7 Athletics Kalinga Institiute of Industrial Technology, Bhubaneshwar 8 Athletics M.P Academy, Bhopal 9 Athletics MAR Athnasius Sports Academy, Ernakulam 10 Athletics Sports Authority of Gujarat, Kheda 11 Athletics Bhonsala Military School, (Boys) Nasik 12 Athletics Usha School of Athletics, Khozikode 13 Badminton BBD UP Badminton academy, Lucknow Centre for Sports Excellence PVT Ltd (In association with Prakash 14 Badminton Padukone Badminton Academy), Bangalore 15 Badminton Ganguly Prasad Badminton academy, Hyderabad 16 Badminton Pullela Gopichand Badminton Foundation, Hyderabad 17 Badminton Suchitra Badminton Academy, Hyderabad 18 Badminton United Shuttlers, Delhi 19 Badminton Manipur Badminton Academy, Imphal 20 Boxing Army Sports Institute, Pune 21 Boxing Inspire Institute of Sports, Bellary 22 Boxing Mary Kom academy, Imphal 23 Boxing Punjab state institute of Sports, Mohali 24 Fencing Army Sports Institute, Pune 25 Fencing Sports Authority of Gujarat, Kheda 26 Fencing Chhattisgarh Sports Academy, Bilaspur 27 Hockey Chandigarh Hockey Academy (Boys), Chandigarh 28 Hockey MP Hockey Academy (Girls), Gwalior 29 Hockey Surjeet Hockey
    [Show full text]
  • Padma Bhushan Pullela Gopichand Telugu Person of the Year He Actually Wanted to Wield a Cricket Bat
    Padma Bhushan Pullela Gopichand Telugu Person of the Year He actually wanted to wield a cricket bat. His brother, wisely, nudged him to hold a shuttle racket, instead. His passion for his chosen sport powered him to success after success. Each time he scaled a higher peak, he brought more glory to the country. A badminton player of international eminence, Padma Bhushan Pullela Gopichand is a coach par excellence. 45 year-old Gopichand was born to Subbaravamma and Subhash Chandra on November 16, 1973 in Nagandla of Prakasham district. He completed his undergraduate education at A.V. College in Hyderabad. All along Gopichand kept honing his skills as a badminton player and at 17, was made the captain of Indian Combined Universities Badminton team. In the early phase of his career, he was coached by S.M. Arif and later, joined the Prakash Padukone Academy run by the badminton legend. His transition to the pinnacle of fame was built on his dedication and commitment to the sport. Gopichand rewrote record books in quick time and was crowned the national champion for 5 successive years from 1996. He created history in 2001 when he won the All England Open Championship, two decades after a fellow-Indian, and his perfectionist-guru Prakash Padukone, had won the championship.The ease and elan with which Gopichand became the champion made him a fitting role model for aspiring players. However, the journey did not end there for this badminton legend. He decided to shape the careers of other aspiring sportspersons by mentoring them. It was with this aim that the Gopichand Badminton Academy was established in 2008.
    [Show full text]
  • Financial Sanctions on the Dictatorship in Venezuela, Barring Banks from Any New Deals with the Government
    PDF 28th August 2017 1. US Imposes Financial Sanctions on Venezuela The US slapped “strong” financial sanctions on the dictatorship in Venezuela, barring banks from any new deals with the government. US President Donald Trump has signed an executive order imposing “strong, new financial sanctions” on Venezuela. • The president’s new action prohibits dealings in new debt and equity issued by the government of Venezuela and its state oil company. • It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela,” White House Press Secretary Sarah Sanders said in a statement after Trump signed the executive order. Points to remember about Venezuela President : Nicolás Maduro Capital: Caracas Currency: Venezuelan bolívar 2. Arun Jaitley: Jan Dhan Yojana and the 1 Billion-1 Billion-1 Billion “JAM” Revolution it is Unleashing “Three years ago today, Prime Minister Narendra Modi announced a flagship program: Pradhan Mantri Jan Dhan Yojana (PMJDY) aimed at providing financial services to the poor. These included opening bank accounts for the poor, giving them electronic means of payment (via RUPAY cards), and placing them in a position to avail themselves of credit and insurance. • JAM, a term coined, and a vision conceptualized, by our Chief Economic Adviser, is nothing short of a social revolution because it has brought together financial inclusion (PMJDY), biometric identification (Aadhaar) and mobile telecommunications. • Just as GST created one tax, one market, one India, the PMJDY and the JAM revolution can link all Indians into one common financial, economic, and digital space.
    [Show full text]
  • 01St April 2014
    CURRENT AFFAIRS Newspaper Analysis and Summary– 01st April 2014 SCIENCE AND TECHNOLOGY Just in case – The Indian Express I’m an astrobiologist — I study the essential building blocks of life, on this planet and others. But I don’t know how to fix a dripping tap, or what to do when the washing machine goes on the blink. I don’t know how to bake bread, let alone grow wheat. My father-in-law used to joke that I had three degrees, but didn’t know anything about anything, whereas he graduated summa cum laude from the University of Life. It’s not just me. Over the past generation or two we’ve gone from being producers and tinkerers to consumers. What would we do if, in some science-fiction scenario, a global catastrophe collapsed civilisation and we were members of a small society of survivors? What key principles of science and technology would be necessary to rebuild our world from scratch? You would need to start with germ theory — the notion that contagious diseases are not caused by whimsical gods but by invisibly small organisms invading your body. Drinking water can be disinfected with diluted household bleach or even swimming pool chlorine. Soap for washing hands can be made from any animal fat or plant oil stirred with lye, which is soda from the ashes of burned seaweed combined with quicklime from roasted chalk or limestone. When settling down, ensure that your excrement isn’t allowed to contaminate your water source — this may sound obvious, but wasn’t understood even as late as the mid-19th century.
    [Show full text]
  • Vijayawada Delhi Lucknow Honesty Still Pays Bhopal Raipur Chandigarh in Line with Asian Peers 250+: Mandhana Bhubaneswar Ranchi Dehradun Hyderabad *Late City Vol
    Follow us on: @TheDailyPioneer facebook.com/dailypioneer RNI No.APENG/2018/764698 Established 1864 ANALYSIS 7 MONEY 8 SPORTS 11 Published From STATE OF BUREAUCRACY: SENSEX, NIFTY REBOUND WE NEED TO REGULARLY SCORE VIJAYAWADA DELHI LUCKNOW HONESTY STILL PAYS BHOPAL RAIPUR CHANDIGARH IN LINE WITH ASIAN PEERS 250+: MANDHANA BHUBANESWAR RANCHI DEHRADUN HYDERABAD *LATE CITY VOL. 3 ISSUE 239 VIJAYAWADA, WEDNESDAY, JULY 14, 2021; PAGES 12 `3 *Air Surcharge Extra if Applicable KAJAL TO PLAY A MOTH- ER IN HER NEXT? { Page 12 } www.dailypioneer.com NEET-POSTGRADUATE EXAM TO BE HELD RAHUL GANDHI-PRASHANT KISHOR MEET AFGHANISTAN SAYS MAY SEEK ‘MILITARY PM CONCERNED OVER CROWDS WITHOUT ON SEPTEMBER 11, CONFIRMS CENTRE AHEAD OF LIKELY REJIG IN PUNJAB CONG HELP’ FROM INDIA IF TALIBAN TALKS FAIL MASKS IN HILL STATIONS, MARKETS he NEET postgraduate exam will be held on September 11, Union head of a likely organisational and government reshuffle in Punjab, he government of Afghanistan may, at some future point, seek rime Minister Narendra Modi on Tuesday expressed concern over Health Minister Mansukh Mandaviya announced on Tuesday. In Congress leader Rahul Gandhi on Tuesday met poll strategist India's military assistance if talks with the Taliban fail amid a people crowding at hill stations and markets without wearing Tview of a spike in Covid-19 cases, the NEET-PG, which was APrashant Kishor at his residence. Other party leaders like Priyanka Twithdrawal of US troops from there, the country's Ambassador to Pmasks or observing social distancing norms, as he urged all to scheduled to be held on April 18 was postponed.
    [Show full text]
  • Major Dhyan Chand Khel Ratna Award
    Major Dhyan Chand Khel Ratna Award drishtiias.com/printpdf/major-dhyan-chand-khel-ratna-award Why in News Recently, the Prime Minister renamed the Rajiv Gandhi Khel Ratna Award, the country’s highest sporting honour, after hockey wizard Major Dhyan Chand. This came a day after the Indian men's hockey team won the bronze medal in the ongoing Tokyo Olympics and hours after the women's team finished fourth. Key Points About: The Rajiv Gandhi Khel Ratna Award will hereby be called the Major Dhyan Chand Khel Ratna Award. The now renamed Major Dhyan Chand Khel Ratna award comes with a cash prize of Rs 25 lakh. Rajiv Gandhi Khel Ratna Award is the highest sporting award given by the Ministry of Youth Affairs and Sports for the spectacular and most outstanding performance in the field of sports by a sportsperson over a period of four years. The award comprises a medallion, a certificate, and a cash prize of Rs 7.5 lakh. The Khel Ratna award was instituted in 1991-1992 and the first recipient was Chess legend Viswanathan Anand. Among the other winners were Leander Paes, Sachin Tendulkar, Dhanraj Pillay, Pullela Gopichand, Abhinav Bindra, Anju Bobby George, Mary Kom and Rani Rampal in 2020. 1/2 Major Dhyan Chand: Known as The Wizard, Major Dhyan Chand, a field hockey player, played international hockey from 1926 to 1949, scoring over 400 goals in his career. Dhyan Chand, born in Allahabad, was part of the Olympic team that won gold medals in 1928, 1932 and 1936. Apart from the Khel Ratna award, the country’s highest award for lifetime achievement in sports is known as the Dhyan Chand Award.
    [Show full text]
  • National International Awards Sports
    These Notes are prepared after a lot of Planning & Analysis , solely For AIIMS. All Current Affairs Questions In AIIMS are likely to come from these Notes . So share as much as you can. This document is customized for Smart phone & Pc USAGE ONLY. Queries/Suggestions/Comments : [email protected] 2013 NCRB - National Crime Records Bureau BHEL - Bharat Heavy Electricals Limited NTPC - National Thermal Power Corporation NATIONAL . INDIA lost 220 languages in past 50 years. INDIA becomes the world’s third largest Internet user after U.S.& China. Dr. JS Rajkumar- second surgeon in the world to operate using the cable-less device INTERNATIONAL Miracle Milly- smallest dog that recently made the Guinness World Records. Salustiano Sanchez- World's oldest man who recently dies at the age of 112. Misao Okawa ( she ) , Worlds oldest person dies in Japan at age 117 Iran bans Facebook and Twitter after four years. Pakistan- banned Skype, WhatsApp and Viber. Angola become the first country in the world to ban Islam and Muslims. CHINA - the first influenza vaccine for the deadly H7N9 bird flu virus. JAPAN- Ebolla. Nelson Mandela, the anti-apartheid revolutionary of South Africa died on 5 November 2013. He was also known - as Madiba in South Africa AWARDS Eleanor Catton- youngest Booker prize winner. Gabriela Isler won the Miss Universe 2013 title in Moscow ceremony SPORTS Parimarjan Negi- chess player clinched the Politiken Cup 2013. INDIA won the gold medal at Archery World Cup in Wroclaw. England won the Ashes Test Series 2013 held in England. South Korea- won the ninth Asia Cup hockey tournament title.
    [Show full text]
  • Current Affairs Monthly Capsule and Quiz July 2018
    Current Affairs Monthly Capsule and Quiz July 2018 1 WiFiStudy 9th meeting of EPG on Indo-Nepal relations concludes in Kathmandu The ninth and Mumbai Airport Among Least Punctual final meeting of Airports In The World: Study Eminent Persons Based upon a report Group (EPG) on by British aviation India-Nepal intelligence firm relations OAG, Mumbai’s concluded in Kathmandu. Chhatrapati Shivaji The Representatives from Nepal and India International deliberated up on various bilateral issues Airport has been including 1950 Peace and Friendship treaty, ranked as the fifth least punctual airport in the world trade, transit and border during the two day with a rank of 509 out of the 513 airports globally. meeting. The Nagoya Komaki Airport in Japan topped Indian side was represented by Bhagat Singh the global ranking list with an ‘on-time Koshyari, Jayant Prasad, Bhuvan Chandra performance’ (OTP) rate of 94.5 percent. Upreti and Mahendra P. Lama. Further, Air India is the lowest ranking Indian airline on the list, ranked at 64 out of 65 airlines. UNESCO to set up Gaming University in Andhra Pradesh South Korea’s low-cost airline T’way Air United Nations Educational, Scientific and Cultural topped the global ranking. Organisation (UNESCO) will be setting up a 'Design University for Gaming' in Visakhapatnam. Kiren Rijiju to lead a High Level delegation to UNESCO delegation entered into an participate in AMCDRR 2018 agreement with Andhra Pradesh Economic A high level Ministerial delegation from India Development Board (APEDB) for the headed by Shri Kiren Rijiju, Minister of State for establishment of 'Gaming Digital Learning Home Affairs will be participating in the Asian Hub'.
    [Show full text]
  • 3 Mary Kom Enters Final in India Open Boxing
    FRIDAY 24 - 5 - 2019 3 Mary Kom enters final in India Open Boxing Guwahati, May 24: blows initially but was champion Gaurav Solanki champion three years Six-time world champion quick to make amends in a unanimous decision ago as he fended off Mall, Malls and Malls..! Mary Kom overcame as Nikhat was not able to set up a 51kg gold a strong challenge from It just was a road next to a creek ones!” and we would have to shut down!” some stiff resistance to to connect her punches as medal clash against Asian his Polish opponent D a few years ago, but last night as I “$ is is still a good one,” I said “What have you done with his beat promising Nikhat the bout progressed. Games gold medalist Krystian Sczepanski to drove down that same road, once stubbornly, and we li" ed it to the money?” asks the policeman sternly. Zareen in a split decision Using her vast Amit Panghal. emerge 5-0 winner. He so empty, but now jammed with other room, where a mechanic “What money?” I ask. to enter the women’s 51kg experience, Mary Kom A day after he eliminated will face Manish Kaushik vehicles, all I saw were malls, malls, came and repaired it for six hundred “$ e money you stole from the category final, while the regained her composure World Championship in the 60kg final. and malls. “There seems a lot of rupees. But my driver wasn’t mall owners by not buying new TV men pugilists dominated and dealt a few telling bronze medalist Rogen There was also a money around,” I muttered.
    [Show full text]
  • Rajiv Gandhi Khel Ratna Awards
    www.amkresourceinfo.com A M K RESOURCE WORLD GENERAL KNOWLEDGE FREE E Book Book for Various Competitive Exams (Like KPSC technical Post C, KSRTC, PDO, RRB, SSC, FDAA, SDAA, PSI, PC, CET, etc..) 1 www.amkresourceinfo.com A M K RESOURCE WORLD GENERAL KNOWLEDGE www.amkresourceinfo.com Rajiv Gandhi Khel Ratna Awards Rajiv Gandhi Khel Ratna, officially known as Rajiv Gandhi Khel Ratna Award in Sports and Games, is the highest sporting honour of the Republic of India. The award is named after Rajiv Gandhi, former Prime Minister of India who served the office from 1984 to 1989. It is awarded annually by the Ministry of Youth Affairs and Sports. The recipient(s) is/are selected by a committee constituted by the Ministry and is honoured for their "spectacular and most outstanding performance in the field of sports over a period of four years" at international level. As of 2017, the award comprises a medallion, a certificate, and a cash prize of 7.5 lakh (US$11,000). Instituted in 1991–92, the award was given for the performance by a sportsperson in a year. Based on the suggestions provided by 2014 award selection committee, the Ministry revised the criteria in February 2015 to consider the performance over a period of four years. The nominations for a given year are accepted till 30 April or last working day of April with not more than two sportspersons nominated for each sports discipline. A twelve-member committee evaluates the performances of a sportsperson at various International events like Olympic Games, Paralympic Games, Asian Games, and Commonwealth Games.
    [Show full text]
  • BJP May Go for Reshuffle of Its Ministers
    www.thenorthlines.com www.epaper.northlines.com 3 FORECAST JAMMU Date Min Temp Max Temp Weather 10-May 25.0 39.0 Partly cloudy sky 11-May 26.0 38.0 Partly cloudy sky 12-May 26.0 39.0 Mainly Clear sky 3 DAY'S FORECAST SRINAGAR Date Min Temp Max Temp Weather 10-May 13.0 27.0 Partly cloudy sky 11-May 15.0 25.0 Thunderstorm with rain 12-May 14.0 26.0 Generally cloudy sky with possibility of rain or Thunderstorm or Duststorm JKNPP to launch Swachh Jammu northlines the Mehbooba emphasizes on developing Public grievance redressal camp held Abhiyan from May 11 catchment areas District Development Commissioner, Expressing grave concern over the Chief Minister, Mehbooba Mufti Rajeev Ranjan today held a public declaration of Jammu city as the today emphasised on developing areas grievance redressal camp at Baspur, dirtiest city of the state, Harsh Dev like Sanasar, Mantalai and other spots Suchetgarh. The public raised their Singh Jammu and Kashmir National to make up for the supposed dip in 3 Panthers Party ... 4 grievances pertaining .... tourist arrivals to .... 5 INSIDE Vol No: XXII Issue No. 109 10.05.2017 (Wednesday) Daily Jammu Tawi Price ` 2/- Pages-12 Regd. No. JK|306|2017-19 Kashmir unrest: Mehbooba blames media 6-month jail term to Justice Clashes between students, International Court of Justice stays for selective portrayal of troubled Valley Karnan for contempt of court security forces in Srinagar Jadhav's hanging NL CORRESPONDENT "All of us are concerned century-old practice called NL CORRESPONDENT opinion that Justice CS SRINAGAR, MAY 09 about the situation in Jammu Darbar Move started by the NEW DELHI, MAY 9 Karnan has committed NL CORRESPONDENT and Kashmir.
    [Show full text]
  • Quick Reference Guide for SBI PO Online Exam 2014 Powered By
    Quick Reference Guide for SBI PO Online Exam 2014 Powered by www.Gr8AmbitionZ.com your A to Z competitive exam guide CURRENT AFFAIRS QUICK REFERENCE GUIDE FOR SBI PO ONLINE EXAM 2014 www.Gr8AmbitionZ.com Important Points you should know about State Bank of India State Bank of India o SBI is the largest banking and financial services company in India by assets. The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two presidency banks Bank of Calcutta and Bank of Bombay to form the Imperial Bank of India, which in turn became the State Bank of India. Government of India nationalized the Imperial Bank of India in 1956, with Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India. o CMD : Smt. Arundathi Bhattacharya (first woman to be appointed Chairperson of the bank) o Headquarters : Mumbai o Associate Banks : SBI has five associate banks; all use the State Bank of India logo, which is a blue circle, and all use the "State Bank of" name, followed by the regional headquarters' name: . State Bank of Bikaner & Jaipur . State Bank of Hyderabad . State Bank of Mysore . State Bank of Patiala . State Bank of Travancore . Note : Earlier SBI had seven associate banks. State Bank of Saurashtra and State Bank of Indore merged with SBI on 13 August 2008 and 19 June 2009 respectively.
    [Show full text]