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Central Bank of India, Brabourne Road Branch (in blue), in Kolkata. Central Bank of India was one of the first banks in India to issue credit cards in the year 1980 in collaboration with Visa. [citation needed] On its 108th Foundation day, Central Bank of India launched its first step towards robotic banking, a robot named "MEDHA".
Some commercial banks have names suggestive of central banks, even if they are not: examples are the State Bank of India and Central Bank of India, National Bank of Greece, Banco do Brasil, National Bank of Pakistan, Bank of China, Bank of Cyprus, or Bank of Ireland, as well as Deutsche Bank. Some but not all of these institutions had assumed ...
Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said that the regulator will launch secure website domain names to curb such ...
India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as ...
Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank digital currency, the company said on Tuesday. The Reserve Bank of ...
Central Bank of Lesotho: Banka e Kholo ea Lesotho: 1978 Liberia: Liberian dollar: Central Bank of Liberia: 2000 Libya: Libyan dinar: Central Bank of Libya: مصرف ليبيا المركزي: 1956 Liechtenstein: Swiss franc: National Bank of Liechtenstein: Liechtensteinische Landesbank: 1861 Lithuania: Euro: European Central Bank (Bank of ...
The Central Government entered the banking business with the nationalization of the Imperial Bank of India in 1955. A 60% stake was taken by the Reserve Bank of India and the new bank was named State Bank of India.