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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.
Asset pricing; Bond (finance) Capital structure; Corporate finance; Cost of capital; Equity (finance) Ethical banking; Exchange traded fund; Financial; law. market
In 1938, Barclays acquired the first Indian exchange bank, the Central Exchange Bank of India, which had opened in London in 1936 with the sponsorship of Central Bank of India. [ 22 ] In 1941, during the German occupation of France , a branch of Barclays in Paris, headed by Marcel Cheradame, worked directly with the invading force. [ 23 ]
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In July 2003, Barclays took over Monument, the United Kingdom branch of the U.S. bank Providian, when it was sold off due to financial irregularities of its American parent company. [10] Barclaycard sold the Monument business and premises to CompuCredit Holdings Corporation in April 2007.
The bank is named after the Rokel River, the longest river in Sierra Leone. RCB serves members of the public, small and medium enterprises (SMEs), as well as large corporations. According to the bank's web site, it one of the three largest commercial banks in the country by assets.