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Historical Event on 7/1/1955

Imperial Bank of India was inaugurated and was renamed as State Bank of India.

Other Historical Dates and Events
5/17/1957Nehru, who went to Ceylon to celebrate the 2,500th anniversary of the founding of Buddhism, calls for an end to nuclear tests.
9/24/1815John Sevier, Indian fighter (Gov/Rep-Tn), died at the age of 70.
1/11/1986Union Government declares Ladakh a Scheduled Tribe area under a constitutional amendment order by the President, applying article 342 for the first time to J&K.
7/3/1956Pandit Nehru and New Zealand Prime Minister Sir Sidney Holland are given the freedom of the City at London.
11/20/1888Gurunath Bewoor, director general, was born at Bewoor village, district Bijapur.
10/21/1959Chinese and Indian troops clash on Ladakh border.
9/25/1997BAI-IBC dispute resolved.
3/8/1963Gursharan Singh Narainsingh, cricketer (Indian batsman played one Test 1989-90), was born in Amritsar.
12/14/1998The Supreme Court allows Karnataka to begin skeletal work on erection of 26 crest gates at the Almatti dam on the Krishna at ''its own risk and cost'', but directs it not to raise the dam height beyond the present 509 metres.
3/4/1990Congress (I) gains absolute majority in Arunachal Pradesh; Gegong Apang CM.