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  2. Banking in India - Wikipedia

    en.wikipedia.org/wiki/Banking_in_India

    Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. The largest and the oldest bank which is still in existence is the State Bank of India (SBI).

  3. State Bank of Travancore - Wikipedia

    en.wikipedia.org/wiki/State_Bank_of_Travancore

    State Bank of Travancore (SBT) was a major Indian bank headquartered in Thiruvananthapuram, Kerala, and was a major associate of State Bank of India. SBT was a subsidiary of the State Bank Group, but also had private share-holders. It was the premier bank of Kerala. Overall, as of 31 March 2015 SBT had a network of 1,157 branches and 1,602 ATMs ...

  4. Narasimham Committee - Wikipedia

    en.wikipedia.org/wiki/Narasimham_Committee

    Subsequently, in 2007–08, GOI decided to acquire entire stake of RBI in SBI, NHB and NABARD. Of these, the terms of sale for SBI were finalised in 2007–08 itself. Stronger banking system. The Committee recommended for merger of large Indian banks to make them strong enough for supporting international trade.

  5. Payments bank - Wikipedia

    en.wikipedia.org/wiki/Payments_bank

    Payments banks is an Indian new model of banks conceptualised by the Reserve Bank of India (RBI) without issuing credit. These banks can accept a restricted deposit, which is currently limited to ₹200,000 per customer and may be increased further.

  6. City Union Bank - Wikipedia

    en.wikipedia.org/wiki/City_Union_Bank

    City Union Bank Limited (CUB) is an Indian bank headquartered in Kumbakonam, Tamil Nadu.The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904.

  7. Chit fund - Wikipedia

    en.wikipedia.org/wiki/Chit_fund

    A chit fund is a type of rotating savings and credit association system practiced in Pakistan, India, Bangladesh, Sri Lanka and other Asian countries. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours.

  8. National Payments Corporation of India - Wikipedia

    en.wikipedia.org/wiki/National_Payments...

    Initially, there were ten promoter banks viz. State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC. In 2016, the shareholding was diluted to include 13 additional public sector banks, 15 additional private sector banks, 1 additional foreign bank, 10 ...

  9. Housing Development Finance Corporation - Wikipedia

    en.wikipedia.org/wiki/Housing_Development...

    Housing Development Finance Corporation Limited (HDFC) is an Indian financial services company based in Mumbai, India. It is a major housing finance provider in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans.. History. It was founded in 1977 with the support from India's business community ...

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