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Bank of India. Bank of India ( BOI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial ...
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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
BOI Investment and Trust Company Limited (BOI-ITC) was established in 1978 as a wholly owned subsidiary of BOI's predecessor, Nigerian Industrial Development Bank (NIDB). It was set up as a capital market operator to function as a trustee, registrar and fund/portfolio manager. The company is also registered with the CBN as a finance company. As ...
12.56% (March 2021) [6] Website. www .unionbankofindia .co .in. Union Bank of India, commonly referred to as Union Bank or UBI, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.19,84,842 crores. [7] After the merging with Corporation Bank and Andhra Bank, which came into effect on ...
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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 ...