100 Rupees India Govt. Mint Centenary Year SBI Mumbai Main Branch Building Commemorative Coin (Rs.100 Coin) | Coinbazaar

100 Rupees India Govt. Mint Birth Centenary Of Dr. M.G. Ramachandran Commemorative Coin (Rs.100 Coin)

Commemorative Coins :

India Government Mint, Mumbai also manufactures commemorative coins apart from
manufacturing circulation coins. These coins are issued to commemorate events of historical
and social importance and to celebrate various accomplishments of public and private
organizations. India Government Mint, Mumbai has been releasing commemorative coins since
1964. The commemorative coins issued by the Mint are of very high quality and have a great
demand among coin collectors and numismatists.

Commemorative coins are of two types
Proof Coins
Uncirculated Coins

Proof Coins:

Proof coins are the high quality commemorative coins which have a frozen effect on the surface
design of the coin with a mirror finish. These coins are marked with the symbol 'M' to indicate
that they are manufactured at Mumbai Mint. These coins are sold at a premium price as they
are manufactured with high quality standards and have high numismatic value.
Uncirculated Coins:
Uncirculated coins are the high quality commemorative coins which have mirror finish on the
surface but without any frozen effect on the design. These coins are marked with a diamond
symbol to indicate they are stamped at Mumbai Mint. The uncirculated coins are also sold at
premium but they are priced a little lower than the proof coins.
History

In 1964 production of commemorative coins was started. The first commemorative coin was in
the memory of Pandit Jawaharlal Nehru.

SBI MUMBAI MAIN BRANCH BUILDING

Mumbai Main Branch of State Bank of India is located in the Heritage Building situated besides Horniman Circle in Fort area. The construction of the present building was completed in the year 1924 and is in operations since then. The building is completing 100 years during 2024. The Roman numerals (MCMXXIV) carved out on its façade evidence the year of its completion i.e. year 1924. Today the building is classified as a listed Grade II-A Heritage Structure of Mumbai and is main attraction in the area along with Reserve Bank of India and Bombay Stock Exchange buildings in the vicinity. The building is testimony to the glorious past and the present-day banking.

State Bank of India is the biggest bank of India and also part of FORTUNE 500 COMPANY in the World. It is the 48th largest bank in the world by Total Assets. The origin of SBI dates to creation of the three Presidency Banks which was stablished in the year 1840 and its head office was established in the year 1863. All the three Presidency banks were merged to form Imperial Bank of India in 1921, which eventually converted to State Bank of India by an Act of Parliament in 1955. Bank’s major business activities used to be operated from Mumbai Main Branch building in early days. Corporate Centre operations were also done through this building and several Board meetings were conducted in this Heritage building. Mumbai Main Branch building is a connecting link to the origin of the State Bank of India’s strong foundation and glorious past, its centenary year needs to be celebrated.