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Punjab National Bank is a Public sector undertakings in India (PSU) working under the government of India regulated by the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. It was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar, in pre-independent India (present-day Pakistan ).
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
17.45% [1] Website. karnatakabank.com. Karnataka Bank Limited is an Indian private sector bank based in Mangalore. It is an 'A' Class Scheduled Commercial Bank with a network of 915 [2] branches, 1188 ATMs & Cash recyclers and 588 e-lobbies/mini e-lobbies across 22 states and 2 union territories. It has 8,652 employees and over 11 million ...
There are a total of 59 scheduled urban co-operative banks in India. Abhyudaya Co-operative Bank Ltd. Apna Sahakari Bank Ltd. [69] Ahmedabad Mercantile Co-Op Bank Ltd. [70] Amanath Co-operative Bank Ltd. [71] Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. Bassein Catholic Co-operative Bank Ltd. [72] Bharat Co-operative Bank (Mumbai) Ltd.
12.76% (2020) Website. punjabandsindbank .co .in. Punjab & Sind Bank is an Indian public sector bank headquartered in New Delhi. [3] As of 18 April 2023, the bank has 1553 branches which are widely spread across India out of which 635 branches are in the state of Punjab, and 25 zonal offices located all over India. [4]
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 41,645 employees, 5,814 branches with 4,929 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,094,752 crore (US$140 billion) as onfMarch 231, 023. The bank's information systems and ...
Andhra Bank and Corporation Bank were merged into Union Bank of India. Syndicate Bank was merged into Canara Bank. Public Sector Undertakings (Banks) Nationalized Banks (Government Shareholding %, as at end-March 2023) State Bank of India (57.59%) Canara Bank (62.93%) Bank of Baroda (63.97%) Punjab National Bank (73.15%) Indian Bank (79.86%)
The National Payments Corporation of India is an organization that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.