Search results
Results from the WOW.Com Content Network
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.
Pages in category "Private sector banks in India" The following 27 pages are in this category, out of 27 total. This list may not reflect recent changes. A.
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
Investment banks in India (2 P) Investment companies of India (1 C, 5 P) M. Microfinance companies of India (1 C, 11 P) Mutual funds of India (13 P) O.
However the merger of these associated banks with SBI went into effect on 1 April 2017. In 1969, the Government of India nationalised 14 major private banks; one of the big banks was Bank of India. In 1980, 6 more private banks were nationalised. [8] These nationalised banks are the majority of lenders in the Indian economy. They dominate the ...
The company was founded as Probity Research and Services Private Limited which provided research on the Indian economy, businesses and corporates. The name was later changed to India Infoline Limited. [12] A few years into the business, the organisation found itself with clients which included research organisations, banks and corporates. [12]
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 [10] [11]
Paytm Payments Bank (PPBL) was an Indian payments bank, founded in 2017 and headquartered in Noida. [3] In the same year, it received the license to run a payments bank from the Reserve Bank of India and was launched in November 2017. [4] [5] [6] In 2021, the bank received a scheduled bank status from the RBI. [7] [8]