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India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 9 crore customers.
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
In October 1837, the post office moved to "the old Bank" building inside the Fort, what is now the Fort Museum. In February 1845, four more receiving offices were opened, one each on Mount Road and in Triplicane and two in Black Town (as George Town was known then).
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]
Kulasekharam is a town located in the district of Kanyakumari, Tamil Nadu, India. [1] It is one of the most important business centres in the district, after Marthandam. Kulasekharam has many rubber plantations that yield high quality latex, which is the town's major revenue source. The town is making inroads and valuable contribution in the ...
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
In 1921, it merged with the other two Presidency banks, namely the Bank of Bengal and the Bank of Bombay, to form the Imperial Bank of India, which later became the State Bank of India in 1955. [17] The neighbourhood is also home to the south zonal office of the Reserve Bank of India , the country's central bank.
The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India. Tamil Nadu Grama Bank was formed on 1 April 2019 by the amalgamation of the erstwhile Pallavan Grama Bank and Pandyan Grama Bank, as per GOI Gazette Notification No. 363 ...