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State Bank of Bikaner and Jaipur, a professionally managed Public Sector Bank with a track record of uninterrupted profitability and dividend payment (except one year) since its inception in 1963, came into existence after amalgamation of the erstwhile State Bank of Jaipur with State Bank of Bikaner,as a subsidiary of State Bank of India. The Bank, through these 6 Zonal offices and its 812 branches including 8 service branches (142 outside Rajasthan in 18 states) caters to all banking needs of the people. The Bank, a member of premier State Bank Group, extends its reach to almost every part of the Globe, through agency arrangements with its correspondent banks. The Bank commands nearly 30% business of all scheduled commercial bank's business in Rajasthan. Over the years, the Bank expanded rapidly. Bank's business crossed Rs.10000 crore mark during 1997-98. Bank's maiden publicissue of Rs. 73.44 crores was oversubscribed by 3.83 times in Dec. 97 and the Bank was awarded autonomy by the Govt. of India in the same financial year.
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