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In 2024, Forbes India listed IndusInd Bank as 9th among the Top 10 banks in India by market capitalization, with a market cap of ₹ 1.13 lakh crore. [24] The Indian Banks' Association awarded IndusInd Bank the title of "Best Technology Bank" in 2024. [25]
The ranking of states is not done on same criteria as ranking of nations. Ranking of states does not reflect the level of business-conducive nature of the states, it reflects the willingness of states to reform and attract investments. [4] India jumped to 100th place out of 190 countries in the World Bank's 2017 ease of doing business index ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1]
The firm has been on the Global 500 as long as the list has been recorded. 160 Oil and Natural Gas Corporation: $61,420 43,743 State-owned crude oil and gas company, currently the largest in India. 236 State Bank of India: $47,286 257,252 The bank is a state-owned, multi-national financial services entity, founded in 1806 as the Bank of ...
A 60% stake was taken by the Reserve Bank of India and the new bank was named State Bank of India. The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [1]
This is a list of Indian states and union territories by their per capita Net state domestic product (NSDP). NSDP is the state counterpart to a country's Net domestic product (NDP), which equals the gross domestic product (GDP) minus depreciation on capital goods. [1] [2]
For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India [5] was established in 1935, under the Reserve Bank of India Act, 1934. [6] [7] In 1960, the State Banks of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act ...