Information of Bank of India History of Bank of India: Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. Beginning with one […]
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Islamic Banking in all over India Islamic banking is a banking which follows the principles of islamic laws (Shariah) which prohibits interest based banking‘ and permits only profit sharing based banking‘. The concept is based on a verse of the Holy Quran that says “Allah has allowed only legitimate trade […]
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How to open a savings account in ICICI Bank? Who can open ICICI Bank savings account? 1) Who is an Indian citizen 2) The applicant should be 18 years old or above. In case of minors as per bank rules 3) The applicant has to proof of address and valid identity […]
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All Banks List in India List of Private Sector Banks in India All Banks List in India Srl. No Name of the Bank 1 Axis Bank Ltd. 2 Bandhan Bank Ltd. 3 CSB Bank Limited 4 City Union Bank Ltd. 5 DCB Bank Ltd. 6 Dhanlaxmi Bank Ltd. 7 Federal […]
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Reserve bank of India(RBI)-Central Bank of India The reserve bank of India is a central bank and was established on April 1, 1935, in accordance with the provisions of the reserve bank of India act 1934. The central office of RBI is located at Mumbai since its inception. Though originally […]
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Types of Banks in India-Indian banking system Types of Banks in India: Banking is defined as the acceptable purpose of lending or deposit investment, money acceptable from the public, payable on demand or otherwise and withdrawn by cheque, draft, order, or any other means – this definition is given in […]
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SBI Personal Loan in India SBI Personal Loan in India State Bank of India (SBI) Personal Loan We need a lot of funds to meet our financial needs and obligations in our daily lives, even in special occasions and emergencies. We usually spend money on vacations, education, property, vehicles, weddings, […]
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12 steps to register SBI Internet banking online SBI Internet banking online: SBI, the country’s largest public sector bank, has more than 15,000 branches and a wide portfolio of products and services. SBI has five associate banks, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of […]
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SBI Net Banking login step by step SBI, the country’s largest public sector bank, has more than 15,000 branches and a wide portfolio of products and services. SBI has five associate banks, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala […]
Read moreInformation of Central Bank of India on a page History of Central Bank of India Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji […]
Read moreINDIA BANKING REGULATION ACT 1949 INDIA BANKING REGULATION ACT, 1949 The law governing the working and functions of banks in India was .passed in 1949 and named as the Banking Regulation Act, 1949. Before passing this Act, the banking companies were governed by the Indian Companies Act, 1913. Since banking […]
Read moreCanara Bank Canara Bank Canara Bank is one of the largest public sector banks owned by the Government of India. Its headquarter is in Bengaluru. It was established at Mangalore in 1906( by Ammembal Subba Rao Pai). It is one of the oldest public sector banks in the country. […]
Read moreTypes of Bank of India Credit Cards Bank of India Bank of India is a financial services provider commercial bank founded in the 1906 on September 7th. It has its head-quarters in Mumbai, Maharashtra, India. It is a type of a public company providing retail as well as commercial banking […]
Read moreInformation of Allahabad Bank: Established on: April 24, 1865 Head Quarter: Kolkata, India Number of Branch: 3,248 branches (Sep-2017) Key Person: CEO, Usha Ananthasubramanian (May 6, 2017–), Usha Ananthasubramanian (May 6, 2017–Aug 13, 2018) Services: Finance and insurance, Consumer banking, Corporate banking Number of Employee: 23,771 (March 2016 Website: […]
Read moreDefinition of the banker as per banking companies act of India DEFINITION OF BANKER AS PER BANKING COMPANIES ACT OF INDIA Definition of Banker Till the passing of the Indian Companies Amendment Act,1936 there was no statutory definition of the banker in India. Though many legal decisions and interpretations were […]
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