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Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking).
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.
"Britain" (as a term of endearment among British troops stationed in Colonial India): from Hindi-Urdu vilāyatī (विलायती, ولايتى) "foreign", ultimately from Arabo-Persian/Pashto ولايتي "provincial, regional". Bungalow from बंगला bangla and Urdu بنگلہ bangla, literally, "(house) in the Bengal style". [2]
Retail banks include credit unions and small community banks as well as the retail banking operations of large commercial banks. Some financial services providers such as savings and loans offer a ...
Savings accounts did not exist at most banks in India for a lot of time. People relied primarily on fixed deposits for preserving their savings. Canara Bank (earlier Canara Banking Corporation Limited) introduced the concept of a savings account in 1920, with a set of very rigid rules. If a customer wanted to, he could deposit a minimum of ₹1 ...
Standard Chartered India (officially Standard Chartered Bank India Branches) is a foreign branch of Standard Chartered, incorporated in the United Kingdom with limited liability. [1] It is considered as a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI).
[1] [2] In compiling a dictionary, a lexicographer decides whether the evidence of use is sufficient to justify an entry in the dictionary. This decision is not the same as determining whether the word exists. [citation needed] The green background means a given dictionary is the largest in a given language.
Anjuman in India is known as "Anjuman Taraqqi Urdu (Hind)" (انجمنِ ترقیِ اردو (ہند. [5] It has 600 branches across India. [5] After the independence of India, Zakir Hussain become the Vice-Chancellor of Aligarh Muslim University in 1949. Anjuman Taraqui Urdu (Hind) was shifted to Aligarh Muslim University, Aligarh, Uttar Pradesh.