The story of SBI

Books 2 Byte
The Evolution of the State Bank of India
Abhik Ray
(http://www.penguinbooksindia.com/)

Growing a bank through the punched card era

Machines were imported and the mechanised section began functioning from June 21, 1961, recounts Abhik Ray, in The Evolution of the State Bank of India: Volume 4, The era from 1955 to 1980. "Listing machines were also installed at the Bombay and Calcutta LHOs (local head offices) for preparing statements of accounts and other periodic advices for constituents."

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