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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.
The Indian Banks' Association awarded IndusInd Bank the title of "Best Technology Bank" in 2024. [26] In March 2024, the bank received the 'Best Bank Financing the Industry' award at the 50th Indian Gems & Jewellery Awards (IGJA) organized by the Gem and Jewellery Export Promotion Council. [27] It was awarded the 2024 IBSi Digital Banking Award ...
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]
Various online banks partner with the Green Dot Network, which enables you to deposit cash into your bank account at participating stores such as 7-Eleven, CVS, Dollar General, Walgreens and Walmart.
The bank was incorporated in Kolhapur district on 14 June 1943 as Ratnakar Bank Limited. [5] [6] In 1959, the bank was categorized as a scheduled commercial bank as per the Reserve Bank of India Act, 1934. During this decade, it was referred to as an NH4 Bank. In 1970, it received a banking license from the Reserve Bank of India (RBI). [7]
Rank Name of the Bank Year of Founding Year of Closing Fate Headquartered in References [1]; 1: The Madras Bank (1683) 1683: 1843: Merged with the Carnatic Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843
Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 509.1 2 OCBC Bank Singapore 402.2 3 United Overseas Bank Singapore 340.7 4 Maybank Malaysia 213.2 5
The bank was the first to achieve this milestone in respect of RuPay EMV cards along with the Bank of Baroda. [citation needed] In 2011, the bank was granted permission for All India Area of Operation by the Reserve Bank of India. The bank has a network of 284 fully computerised branches and 311 ATMs (Automated teller machine) as on 31 March ...