Professional Documents
Culture Documents
First
First
First
First
First
First Indian bank to open branch outside India in London in 1946 : Bank of India.
First Indian Bank started with Indian capital /indigenous Bank of India : Punjab National Bank.
First Regional Rural Bank name Prathama Grameen Bank Was started by : Syndicate Bank.
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BANKS IN INDIA:---------------------Central Bank:
1. Central Bank Reserve Bank of India.
Commercial Bank:
2. Public Sector Bank (Nationalised Bank) Total 26 = 14 were nationalized in 1969 +6 were
Nationalized in 1980 (out of these one bank new Bank of India was merged with PNB in 1983), +1
IDBI + SBI +5 Subsidiary/Associates banks of State Bank of India.
3. Private Banks = RBI in 1993 gave licences to 12 Private bank in 2 phases 10 private bank in 1993
and 2 private bank in 2003-2004.
4. Foreign Banks = 34 Foreign Banks are there in India.
Cooperative Bank:
Cooperative Banks = Bank those are registered under Co-operative Societies Act 1965, Co-operative
Banks are also works as Commercial Bank.