State Bank of Travancore (SBT) was a noteworthy Indian bank headquartered in Thiruvananthapuram, Kerala, and was a noteworthy partner of State Bank of India.

SBT was an auxiliary of the State Bank Group, yet in addition had private investors. It was the chief bank of Kerala. Generally speaking, starting at 31 March 2015 SBT had a system of 1,157 branches and 1,602 ATMs, covering 18 states and three union domains.

On 15 February 2017, the Union Cabinet affirmed a proposition to combine SBT and four other connect saves money with SBI. It at long last converged with its parent depend on 31 March 2017.

Establishment

SBT was set up in 1945 as the Travancore Bank Ltd., at the activity of Travancore Diwan C. P. Ramaswami Iyer. Following well known disdain against his authoritarian govern, the bank never credited his part. Rather, the Bank considered the Maharaja of Travancore Sri Chithira Thirunal Balarama Varma as the originator, however the lord had little to do with the establishing.

Despite the fact that the Travancore government set up just 25% of the capital, the bank attempted government treasury work and remote trade business, aside from its general keeping money business.

Its head office was at Thiruvananthapuram. In 1960, it turned into a backup of State Bank of India under the SBI Subsidiary Banks Act, 1959, ordered by the Parliament of India., and in this manner accomplished the name 'State Bank of Travancore

Merger

On 15 February 2017, the Union Cabinet affirmed a proposition to consolidate SBT and four other connect keeps money with State Bank of India. It was converged with its parent put money on March 31, 2017.