| State bank of Hyderabad was established as Hyderabad State Bank on 8.8.1941. Bank looked after Osmania Sikka and public debt apart from the functions of commercial banking of present-day Telangana region of Andhra Pradesh, Hyderabad-Karnataka of Karnataka and Marathwada of Maharashtra. Its first branch was opened at Gunfoundry, Hyderabad on 5th April, 1942. Banks name was changed to State Bank of Hyderabad in 1956. On 1st October 1959 it became a subsidiary of the State Bank of India. Bank is offering various deposits schemes, offers loans for various segments, and various services for NRIs |
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