Hey DOLLY! The State Bank of India has played a crucial role in the economic development of India. It is the largest bank in the country and has provided financial services to individuals, businesses, and the government. It has helped in promoting savings, facilitating investments, and supporting various sectors of the economy. The bank's initiatives and services have contributed to the growth and stability of the Indian economy.
Since nationalization, SBI has served the needs of Indian economic development through rural-development initiatives and microcredit programs and by financing major agricultural and industrial projects and raising loans for the government.
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Hey DOLLY! The State Bank of India has played a crucial role in the economic development of India. It is the largest bank in the country and has provided financial services to individuals, businesses, and the government. It has helped in promoting savings, facilitating investments, and supporting various sectors of the economy. The bank's initiatives and services have contributed to the growth and stability of the Indian economy.
Answer:
Since nationalization, SBI has served the needs of Indian economic development through rural-development initiatives and microcredit programs and by financing major agricultural and industrial projects and raising loans for the government.