Page-2 of Public Sector Banks in India Current Affairs, GK & News
The State Bank of India (SBI) has opened its Melbourne office & became the first Indian bank to have a branch in the Australian state of Victoria. The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state’s 10-year India Strategy – our shared ..
What are the ancient proofs of presence of banking system? Traces of information regarding existing of banking and financial system are found in India right from Vedic era to Buddhist, Mauryan, Satavahana, Sangam, Rajpoot, Sultanate as well as Mughal periods. The most ancient are the loan deeds of Vedic era called rnapatra or rnalekhya. Which financial activity finds ..
Topics: Bank of Bombay • Bank of Madras • Banking • Banking in India • Banks • BSE SENSEX • CNX Nifty • Companies • Financial services • Imperial Bank of India • Public Sector Banks in India • State Bank of India
Three Indian Banks- the Bank of India, the Bank of Baroda and the Allahabad Bank- have come together to create a seamless service for the transfer of data which would then be used to tackle frauds. What has happened? The three banks aim to have seamless data sharing to enable them to tackle share data ..
The government has unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders. Proposed Merger Punjab National Bank, Oriental Bank of Commerce and United Bank of India will combine to form the nation’s second-largest lender. Canara Bank and Syndicate Bank will merge. Union Bank ..
Topics: Allahabad Bank • Bank of Baroda • Canara Bank • Companies • Dena Bank • Economy of India • Financial services • Indian Overseas Bank • Mega Merger of Banks • National bank • Public Sector Banks • Public Sector Banks in India • State Bank of India • Syndicate Bank
In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular step of the government has stood out. This was the planned merger of 10 public sectors into 4 banks. The anchor banks for this merger will be ..
Topics: Bank of Baroda • Banking • Canara Bank • Central bank • Central Bank of India • Economy of India • Financial services • Indian Economy • Mega Merger of Banks • National bank • Public Sector Banks • Public Sector Banks in India • State Bank of India • Syndicate Bank