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Bank of Maharashtra is an Indian public sector bank headquartered in Pune. The bank had 30 million customers across the country with 2263 branches as of June 2023. It has the largest network of branches of any nationalised bank in the state of Maharashtra. State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public ...
In finance, a Zero Balance Account (ZBA) is a system of cash pooling (to consolidate the cash balances of several subsidiaries of a single company). This system is designed to leave in the current accounts of the subsidiaries the minimum amounts to be able to deal with their debts contracted.
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India.
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]
Other bank account routing and account numbers to fund the new account Step 3: Submit your online application On the bank’s website, look for a button or link that says “Open an account” or ...
The Bank also established a rural (Gramin) bank Mewar Anchlik Gramin Bank in Udaipur District in Rajasthan on 26 January 1983. The bank's central office is located at Jaipur, although its registered office is in Udaipur. Presently the bank has 463 branches, [1] [2] in 24 states, with 294 of the branches being in Rajasthan.
Along with zero-forex mark-up, customers can now earn an attractive interest p.a. on the savings account. [38] [39] U GRO Capital and SBM Bank India together launch ‘GRO Smart Business’ credit cards targeted to MSMEs. [40] SBM Bank India along with Mastercard facilitate cross border transactions, remittances. [41] [42]
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