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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 .
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
Indus Towers Limited was founded in November 2007 by Bharti Infratel, Vodafone Essar, and Idea Cellular, with the goal of merging their passive infrastructure assets across 16 telecom circles. [11]
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, 6 PBs, 43 RRBs, and 2 LABs.
2006 – 07 Net Profit reached INR 1000 Cr.(US$229.78 Mn) [1USD= Rs. 43.5200] Bharat Overseas Bank Ltd. Was merged with IOB and First Offsite ATM at Kamatchi Hospital, Chennai 2009 – 100% CBS 2010 – 2000th Branch -Yamuna Vihar, New Delhi-opened
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. [8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation.
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan , which was established in 1770 and liquidated in 1829–32; and the General Bank of India , established in 1786 but failed in 1791.
Bharat Financial Inclusion Limited (formerly known as SKS Microfinance Limited) or BFIL is a banking & finance company (NBFC), licensed by the Reserve Bank of India. It was founded in 1997 by Vikram Akula , who served as its executive chair until working. [ 3 ]