Abhik Ray, an expert in the history of banking in India, was closely associated with the writing of the first two volumes of the history of State Bank of India, The Evolution of the State Bank of India. Subsequently, he has written three books on the history of State Bank of India—The Evolution of the State Bank of India (Volumes 3 and 4) and Banking Beyond Boundaries. Ray also conceptualized the largest banking museum in the country —State Bank of India Archives & Museum, Kolkata—and has been instrumental in the creation of the Bank of India Museum in Mumbai. His writings have been published in numerous foreign books and journals.