https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Mayurbhanj_State_BankMayurbhanj State Bank - Revision history2026-10-24T03:15:21ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Mayurbhanj_State_Bank&diff=517046&oldid=prevGeorgiannaStrand: Adding Entry2025-01-18T08:13:18Z<p>Adding Entry</p>
<p><b>New page</b></p><div>{{orphan|date=January 2025}}<br />
{{Short description|Bank in Mayurbhanj State}}<br />
{{Use Indian English|date=January 2025}}{{Use dmy dates|date=January 2025}}<br />
{{Infobox company<br />
| name = Mayurbhanj State Bank<br />
| logo = Logo of Mayurbhanj State Bank.jpg<br />
| native_name = <br />
| type = [[Public sector]]<br />
| industry = [[Banking]] <br />
| fate = Merged with [[State Bank of India]]<br />
| successor = [[State Bank of India]]<br />
| foundation = {{Start date and age|1938|05|02|df=yes|br=yes}}<br />
| founder = Pratap Chandra Bhanj Deo<br />
| defunct = {{End date|df=yes|1961|05|04}}<br />
| area_served = Mayurbhanj<br />
| location_country = [[Baripada]]<br />
}}<br />
'''Mayurbhanj State Bank''' was a [[public sector]] bank that had its headquarters at [[Baripada]], [[Odisha]], [[India]].<br />
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== History ==<br />
Pratap Chandra Bhanj Deo, the [[Maharaja]] of [[Mayurbhanj State|Mayurbhanj]], established the Mayurbhanj State Bank on 2 May 1938 to promote the growth of industries and commerce in [[Mayurbhanj State|Mayurbhanj]].<ref name=":1">{{Cite book |url=https://archive.org/details/pchandra |title=Pratap Chandra Bhanj Deo |pages=82,85}}</ref> On 1 May 1938, an extraordinary issue of the Mayurbhanj State Gazette was published which announced the rules and regulations relating to its constitution.<ref>{{Cite book |url=https://books.google.com/books?id=bQknAQAAIAAJ |title=The Feudatory and zemindari India |date=1938 |pages=508 |language=en}}</ref> These rules declared that it was to be a department of the state under the general control and direction of the state authorities.<ref name=":1" /> A provision stated that it could not go into liquidation except by the order of the ruler of [[Mayurbhanj State|Mayurbhanj]].<ref name=":1" /> The initial capital for the bank was provided by the state.<ref name=":0" /><br />
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It had its headquarters at [[Baripada]].<ref name=":0" /> It had two branches, one at [[Karanjia]] and the other at [[Rairangpur]].<ref name=":0" /> The total working capital and deposits of the bank were 34,00,000 rupees and 32,00,000 rupees, respectively, on 31 March 1944.<ref>{{Cite book |last=Misra |first=Surendra Nath |url=https://books.google.com/books?id=WB0vAAAAMAAJ |title=Growth of Commercial Banking in Orissa |date=1984 |publisher=Anu Books |pages=22, 292 |language=en}}</ref><br />
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== Epilogue ==<br />
After the [[Partition of India|independence of India]] in 1947, [[Mayurbhanj State|Mayurbhanj]] signed the [[Instrument of Accession|instrument of accession]] to join [[Dominion of India|India]].<ref>{{Cite book |last=Ramayyar |first=M. S. |url=https://books.google.com/books?id=9jE4AQAAIAAJ |title=Indian Audit and Accounts Department: Its Evolution, Organisation and Functions |date=1967 |publisher=Indian Institute of Public Administration |pages=92 |language=en}}</ref> Following the merger of [[Mayurbhanj State|Mayurbhanj]] into [[Odisha]] in 1949 it operated for a period under the [[Government of Odisha]].<ref name=":0">{{Cite book |last=Nilmani Senapati |url=https://archive.org/details/dli.csl.2971/ |title=Orissa District Gazetteers: Mayurbhanj |last2=Nabin Kumar Sahu |date=1967 |publisher=Cuttuck, Superintendent Orissa Government Press |pages=248–249,307,445–446,484}}</ref> It was merged with the [[State Bank of India]] on 4 May 1961.<ref>{{Cite book |last=Directorate of Printing |first=Government of India |url=https://archive.org/details/in.gazette.1961.537/ |title=Gazette of India, 1961, No. 537 |date=1961-05-13 |pages=1034}}</ref><ref>{{Cite book |last=Department |first=Orissa (India) Finance |url=https://books.google.com/books?id=VgyOpHxxJwQC |title=White Paper on Departmental Activities, Government of Orissa |date=1959 |pages=15,16–29 |language=en}}</ref><br />
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== See also ==<br />
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* [[Banking in India]]<br />
* [[List of banks that have merged to form the State Bank of India]]<br />
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== References ==<br />
{{Reflist}}<br />
{{Banking in India}}<br />
{{Authority control}}<br />
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{{DEFAULTSORT:Mayurbhanj State Bank}}<br />
[[Category:Banks established in 1938]]<br />
[[Category:Indian companies established in 1938 ]]<br />
[[Category:Defunct banks of India]]<br />
[[Category:History of banking]]<br />
[[Category:Banks of India]]<br />
[[Category:Banks established in the 20th century]]</div>GeorgiannaStrand