Imperial Bank of India Bank of India performed all the normal functions which a commercial bank was expected to perform. In the absence of any central banking institution in India until 1935, the Imperial Bank of India also performed a number of functions which are normally carried out by a central bank. The Reserve Bank of India, which is the Central bank of India, in the year 1955, acquired a controlling interest in the Imperial Bank of India, and the Imperial Bank of India was renamed on 30 April 1955 to the State Bank of India. This transformation from the Imperial Bank of India
RBI Thiruvananthapuram (DBO). In 1960 the Agricultural Credit Department (ACD) started operating in another location of the city. In 1968 both of the Departments were shifted to the Belhaven Palace building in Kowdiar. This building was purchased from the royal family of the erstwhile State of Travancore. In 1981 the Sub-office of Issue Department started operating from the building of the Union Bank of India. In 1982 the office shifted to its current location at Bakery Junction, Thiruvananthapuram. The office of the Banking Ombudsman for the State of Kerala and UT of Lakshadweep is also situated at RBI Thiruvananthapuram. It has been