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The Banking Codes and standards Board of India is an independent and autonomous banking industry body that monitors banks in India.To improve the quality of banking services in India S S Tarapore (former deputy governor of RBI) had the idea to form this committee.
India's total real premium growth was 6.9% which was more than twice the world average of 2.9%. [21] In recent years, the Indian insurance sector has begun aiming at implementing new technologies for an efficient insurance distribution. These technologies include but are not limited to wearables, IoT-linked products, etc.
2012: Scheme of Amalgamation of M/s India Fund Management Limited, a wholly owned subsidiary of the bank with Indian Bank. 2020: - 1 April 2022, Indian Bank and Allahabad Bank merged. The oldest Joints Stock Bank in the country, Allahabad Bank, was founded on April 24 18,5 by a group of Europeans at Allahabad, at a juncture when organized ...
IndusInd Bank Limited is an Indian banking and financial services company with its headquarters in Mumbai, Maharashtra. [7] It was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh .
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. Founded in 1906, it has been government-owned since nationalisation in 1969.
HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai.It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024 [9] [10]
UCO Bank, formerly United Commercial Bank, is an Indian public sector bank, and financial services government owned body headquartered in Kolkata. [3] It is a medium sized public sector bank in India and ranked 1948 in Forbes Global 2000 list of year 2018 & ranked 80 on the Fortune India 500 list in 2020. [4]