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Telephone banking saw growth during the 1980s and early 1990s and was heavily used by the first generation of direct banks. However, the development of online banking in the early 2000s started a long-term decline in the use of telephone banking in favor of internet banking. [2]
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
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The State Bank of Pakistan (SBP) (Urdu: اسٹیٹ بینک پاکستان) is the central bank of Pakistan.Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.
Presently the Banking Ombudsman Scheme 2006 (As amended up to 1 July 2017) is in operation. [1] From 2002 until 2006, around 36,000 complaints have been dealt by the Banking Ombudsmen. There are 22 regional offices of Banking Ombudsmen in India. The latest offices are opened in Jammu, Raipur, Mumbai-II & New Delhi-III. [citation needed]
State Bank of Mauritius (SBM), is a bank in Mauritius that the Bank of Mauritius, the national banking regulator, has licensed as a commercial bank. [ 2 ] SBM is the second-largest bank in Mauritius with a market share of about 25% of domestic banking assets.
Union Bank of India, commonly referred to as Union Bank, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.21,36,405 crores as of June 30 2024 . [7]
The Bank has 1504+ banking outlets and, 2015+ ATMs/ CDMS spread across different states in India and overseas representative offices at Abu Dhabi and Dubai. [ 2 ] With a customer base of over 18.1 million, [ 2 ] and a large network of remittance partners around the world, Federal Bank handles more than one fifth of India's total inward ...