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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.
Citibank began operations in 1902 in Calcutta ().[1] [2]In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3]In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
The bank had total assets of $91 billion (as of June 1, 2022). [4] It offers a full complement of banking, trust and investment services through 75 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Minneapolis, Nashville, Washington, DC and Atlanta. [4]
As you can see in the table above, City National's biggest strength is unquestionably its prudent management of credit risk. With a nonperforming loans ratio of 0.63%, the bank handily beats the ...
Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. [3] The bank has branches in 19 countries. [citation needed] The U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. [1]
The Bank was founded in 1937 by Juan Yarur Lolas in order to support small and medium enterprises in Chile. His son, Jorge Yarur Banna, served as the second president until his death in 1991. Meanwhile, in 1970, a branch was bombed in Santiago. [1] The current president, Luis Enrique Yarur Rey, is a third-generation member of the Yarur family. [2]
Punjab National Bank (abbreviated as PNB) is an Indian government bank based in New Delhi. [5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs.
City National Bank was a regional bank headquartered in Newark, New Jersey with four branches in the New York metropolitan area.According to the June 2011 issue of Black Enterprise magazine, it was the seventh largest African-American owned and operated commercial bank in the United States.