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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile ...
It was established first with Shree Bachat Tatha Rin Sahakari Sanstha Li. and received authorization from Nepal Rastra Bank to run Limited Banking transactions. Later, Nepal Multipurpose Cooperative Society Ltd. was added as a name change.
Currently DNS Bank has 65 branches [3] across 12 districts in state of Maharashtra. [citation needed] Dombivli Nagari Sahakari Bank Ltd. got Scheduled status in the year 1996. In year 2006 this bank implemented Core Banking Services. DNS Bank is 1st Co-operative Bank [4] [5] to launch Mobile Banking [6] Services [7] in India. [8]
The Indian Banks' Association (IBA), formed on (26 September 1946), is an unregistered, voluntary association of like-minded banks and individuals in India [1] —a representative body of Indian banks and financial institutions based in Mumbai. [2]
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They are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws (Application to Cooperative Societies) Act, 1965. [13] Anyonya Sahakari Mandali , established in 1889 in the province of Baroda , is the earliest known cooperative credit union in India.