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  2. List of banks in India - Wikipedia

    Punjab National Bank: ... Punjab: 419: Punjab National Bank: ... They are governed by the provisions of the Reserve Bank of India Act, 1934, the Banking Regulation ...

  3. NIFTY 50 - Wikipedia

    Website. www .nseindia .com. The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. It is one of the two main stock indices used in India, the other being the BSE SENSEX. Nifty 50 is owned and managed by NSE Indices (previously known ...

  4. List of scandals in India - Wikipedia

    Punjab National Bank Scam: A fraudulent letter of undertaking worth ₹11,600 crore (US$1.77 billion) was issued at the Punjab National Bank branch in Brady House, Mumbai, making the bank liable for the amount. The fraudulent transactions, linked to Nirav Modi, were first noticed by a new employee of the bank.

  5. Jammu & Kashmir Bank - Wikipedia

    The bank commenced banking business on July 4, 1939, and was considered the first of its nature and composition as a state-owned bank in the country. The bank was established as a semi-state bank with participation in capital by state and the public under the control of state government.

  6. Reserve Bank of India - Wikipedia

    Meant to restore the trust in the national bank system, it was initialised on 7 December 1961. The Indian government founded funds to promote the economy, and used the slogan "Developing Banking". The government of India restructured the national bank market and nationalised a lot of institutes.

  7. Dewan Housing Finance Corporation - Wikipedia

    On 20 November 2019, under Section 45-IE (I) of the Reserve Bank of India Act, 1934, the Indian central bank removed the board of directors of Dewan Housing Finance Corporation Limited (DHFL). The reasons cited by the banking regulator for the dismissal of the DHFL board of directors were: inadequate governance and the various defaults on its ...

  8. HDFC Bank - Wikipedia

    HDFC Bank Limited is an Indian banking and financial services company headquartered in the city of Mumbai, India. It is India's largest private sector bank by assets and worlds 10th largest bank [12] by market capitalisation as of April 2021 [update] .

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