Incidentally, the SBH which began operation in April 1942, entered its platinum jubilee year with a long line up of celebratory events. In the past, it had managed the Hyderabad currency — the Osmania Sikka — and public debt, besides commercial banking in the State of Hyderabad.Later, it became a subsidiary of State Bank of India in 1959 and is now SBI’s largest associate bank. Its total business stood at ₹2.60 lakh crore as on December 30, 2016.