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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [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, six PBs, 43 RRBs, and two LABs.
Sakal, Sakal Times, Gomantak, Gomantak Times, Saam TV: Purie Aroon Purie: India Today Group [28] [29] India Today, India Today (TV), Aaj Tak Aaj Tak Tez, Delhi Aaj Tak, Mail Today, Business Today: Ramoji Rao Ramoji Rao: ETV Network, Eenadu [30] Reddy Y. S. Jagan Mohan Reddy (P) Sakshi [31] [32] YSR Congress Party: Sakshi TV, Sakshi newspaper ...
Arnad Bank had been established on 23 December 1942 and at the time of its acquisition had only one branch. Cochin Commercial Bank had been established on 3 January 1936, and at the time of its acquisition had 13 branches. [7] The Government of India nationalised Canara Bank, along with 13 other major commercial banks in India, on 19 July 1969 ...
For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India [5] was established in 1935, under the Reserve Bank of India Act, 1934. [6] [7] In 1960, the State Banks of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act ...
1971 The State Bank of Bangladesh was founded by nationalization of the private shares in the eastern section of the State Bank of Pakistan. [4] 1972-1974 Through this three years period after independence of Bangladesh in 1971, the government had taken over 786 industrial undertakings. Included in this number, the government nationalized 245 ...
A 2018 stamp dedicated to the 100th anniversary of the Union Bank of India. Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, the bank had four branches – three in Mumbai and one ...
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