Friday, 5 June 2015

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Banking in India

                     Banking in India



Important information on Nationalised Banks

Nationalised Banks of India
The oldest Joint Stock Bank of India
Allahabad Bank
The bank founded by Freedom Fighter Dr. Bhogaraju Pattabhi Sitaramayya
Andhra Bank
First bank to open a branch outside India
Bank of India, London, 1946
The first bank to be given an ISO 9002 certificate for one of its branches
Canara Bank
The Postal Dept has issued a commemorative stamp in the name of this bank celebrating 100 years in 2011
Central Bank of India
First Indian Bank to be wholly owned by Indians
Central Bank of India
The bank formed on the efforts of Lala Lajpat Rai
Punjab National Bank
The only merger of nationalised banks took place between
Punjab National Bank and New Bank of India in 1993
The bank whose brand equity is "Pygmy Deposit Scheme"
Syndicate Bank
The bank which was conceived by Shri GD Birla
UCO Bank
The bank which was inaugrated by Mahatma Gandhi in 1919
Union Bank of India
The largest among nationalised banks
Punjab National Bank
The bank established in the year 1913 as Bank of Mysore Ltd. at the instance of the banking committee headed by the great Engineer-Statesman, Late Dr. Sir M.Visvesvaraya.
State Bank of Mysore
The State with largest number of commercial bank offices
Uttar Pradesh (13167 as on 31.03.2013)
The bank which sponsors the annual Mumbai Marathon held in the month of January
Standard Chartered

 

 

Top Banks in India

Name of the Bank
Deposits (in Rs. crs)
No. of Offices
Public Sector Banks
State Bank of India
12,02,739
15,564
Bank of Baroda
4,73,883
4,377
Punjab National Bank
3,91,560
5,977
Bank of India
3,81,839
4,373
Canara Bank
3,55,856
3,837
Private Sector Banks
HDFC Bank
2,96,247
3,046
ICICI Bank
2,92,613
3,134
Axis Bank
2,52,613
2,019
Yes Bank
66,955
428
Jammu and Kashmir Bank
64,220
704
Federal Bank
57,615
1128
Foreign Banks
Citi Bank
66,559
43
Standard Chartered Bank
62,001
100
HSBC
56,866
50
Deutsche Bank
20,794
17
DBS Bank
15,487
12
The above information has been updated on 01 April 2014 as per data available on the website of RBI for the year 2012-13


Mergers and Acquisitions of Banks in India

Target Bank
Acquired by
Year
New Bank of India
Punjab National Bank
1993
Bank of Karad Ltd
Bank of India
1994
Bank of Madura
ICICI Bank
2002
Nedugandi Bank Ltd
Punjab National Bank
2003
Global Trust Bank
Oriental Bank of Commerce
2004
Centurion Bank
Bank of Punjab
2005
Lord Krishna Bank
Centurion Bank of Punjab
2006
Bank of Rajasthan
ICICI Bank
2010


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