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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, six PBs, 43 RRBs, and two LABs.
The act dissolved the Indian Empire, the Imperial Legislative Council and the Chamber of Princes. The Union of India was consequently established from 9 former Indian provinces (East Punjab, United Provinces, Central Provinces, Madras, Bombay, Bihar, Orissa, West Bengal and Assam) and 562 former Indian states.
India is a federal constitutional republic governed under a parliamentary system consisting of 28 states and 8 union territories. [1] All states, as well as the union territories of Jammu and Kashmir, Puducherry and the National Capital Territory of Delhi, have elected legislatures and governments, both patterned on the Westminster model. The ...
IDBI Bank was categorised as a private bank with effect from January 2019 on account of LIC acquiring the shares from GoI. [7] On 30 August 2019, Minister of Finance Nirmala Sitharaman announced the government's plan for further consolidation of public sector banks. The mergers took effect from 1 April 2020. [8] Allahabad Bank was merged into ...
The Sarkaria Commission was set up to review the balance of power between states' and the Union governments. The Union government can dissolve a state government in favour of President's rule if necessary, subject to certain conditions, as ruled by the Supreme Court of India in S. R. Bommai v. Union of India. It is for 5 years only.
The Government of India exercises its executive authority through a number of government ministries or departments of state. A ministry is composed of employed officials, known as civil servants, and is politically accountable through a minister . Most major ministries are headed by a Cabinet Minister, who sits in the Union Council of Ministers ...
The five states of Uttar Pradesh, Maharashtra, Bihar, West Bengal and Madhya Pradesh account for almost half (47.90 percent) of the total Indian population. [ 7 ] While the national average for the sex ratio shows an increase from 933 in 2001 to 940 in 2011, [ 7 ] the 2011 census shows a sharp decline in the child sex ratio , the number of ...
The Government of India (ISO: Bhārata Sarakāra, legally the Union Government or Union of India [2] and colloquially known as the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of 36 states and union territories. The government is led by the President of India (currently Droupadi Murmu ...