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Core banking. Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers.
State Bank of India. State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 45th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian ...
Established in 1993 as ICICI Infotech Ltd., 3i Infotech was a wholly owned subsidiary of ICICI/ ICICI Bank until ICICI divested the majority of the shares in March 2002, at which point the company ceased to be a subsidiary of ICICI. Demerging from ICICI, the company embraced a wider range of industries, encompassing telecom, retail ...
RBL Bank, formerly known as Ratnakar Bank Limited, is an Indian private sector bank founded in 1943; its headquarters are in Mumbai.It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations.
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile ...
Sandeep Bakhshi (born 28 May 1960) is an Indian banker, and the MD & CEO, ICICI Bank since October 2018. Early life. Bakhshi earned a degree in mechanical engineering from Punjab Engineering College, Chandigarh, and has a postgraduate degree in management from XLRI - Xavier School of Management, Jamshedpur. Career
The 2016 Indian bank data breach was reported in October 2016. It was estimated 3.2 million debit cards were compromised. Major Indian banks, among them SBI, HDFC Bank, ICICI, YES Bank and Axis Bank, were among the worst hit. [1] The breach went undetected for months and was first detected after several banks reported fraudulent use of their ...
CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%. [6] If a large part of a bank's deposits comes from these ...