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By total assets. Industrial and Commercial Bank of China, the largest bank in the world by total assets. This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. [1]
In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3] In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
The bank specializes in retail banking services. According to the bank, its name is derived from the Indus Valley civilisation. As of December 31, 2023, the bank has 38 million customers, 2,728 branches, and 2,939 ATMs in India. It's an empaneled banker for MCX and part of the NIFTY 50 since April 1, 2013.
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 40,187 employees, 5,847 branches with 4,937 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,221,773 crore (US$150 billion) as of March 31,2024. The bank's information systems and ...
Website. www .pnbindia .in. Punjab National Bank (abbreviated as PNB) is an Indian government public sector bank based in New Delhi. [5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs.
The bank became a public company via an initial public offering (IPO) in October 2020. In 2021, Equitas Small Finance Bank partnered with the neobanking company Niyo to launch a mobile banking platform called NiyoX. On 23 November 2021, the bank announced its partnership with HDFC Bank, for a co-branded credit card.
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National Electronic Funds Transfer ( NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology. [1] NEFT enables bank customers in India to transfer funds between any two NEFT ...