Definition-Any medium of exchange that
has recognized value.
Functions of Money-Primary Function
Money stock in India
Definition –An organization that makes loans
and keep customers money for them.
Origin Of Banking- Italy in 1157
Banking In India- Bank Of Hindustan-1770
Receiving Deposit from the public.
Making loans and advances.
Creation and destruction of money.
Issuing of bank draft , travelers cheque .
Importance of a commercial Bank
Implementation of effective
Act as the link between organized
& unorganized sector.
Reserve Bank Of India-Nationalized in
Banking Regulation Act - 1949
It was established in 1935 on the
recommendation of the Hilton Young
It was Nationalised in 1949.
It is the apex Bank in India , with
headquarters situated in Mumbai.
Issue of currency.
Banker to Government.
Banker’s Bank Mr. D. Subbarao
Custodian of Foreign Exchange Reserve.
Controller of credit.
State Bank Of India
State Bank Of Bikaner n Jaipur
State Bank Of Indore (merged in 2010)
State Bank Of Travancore
State Bank Of Patiala
State Bank Of Hyderabad
State Bank Of Mysore
State Bank Of Saurashtra (merged in 08) Mr. O.P. Bhatt
Established in 1963 by an Act of
In 1982 it came to be known as NABARD
Bank for agriculture and rural
The co-operative banking structure in India is
divided into following main 5 categories :
1. Primary Urban Co-op Banks:
2. 2. Primary Agricultural Credit Societies:
3. District Central Co-op Banks:
4, State Co-operative Banks:
5. Land Development Banks:
Grameen Bank (GB) has reversed conventional
banking practice by removing the need for
collateral and created a banking system based on
mutual trust, accountability, participation and
creativity. GB provides credit to the poorest of the
poor in rural Bangladesh..
History:The origin of Grameen Bank can be
traced back to 1976 by Prof. Muhammad
Bad and doubtful debts
Profit ability ratio has not improved much
Lack of expertise.
S.B.I And Associates
Scheduled Urban Co operative Banks
Indian Bank Abroad
Bank takeovers- ICICI Bank has recently take
Over Rajasthan Bank
Bank Mergers - State Bank of India proposes
to merge its five remaining subsidiaries with
itself over the next 12-18 months
Budget-2011 Impact - banking licenses to
Indian banks to ensure the expansion of
banking sector in size and turnover
S.B.I and BSNL ties up - SBI tied up with Airtel
and BSNL to launch mobile money transfer in
State Bank of India has tied up with SREI
Sahaj, a subsidiary of Srei Infrastructure that
operates several broadband enabled Common
Service Centers in India, in the states of West
Bengal, Bihar, Assam, Uttar Pradesh, Orissa
and Tamil Nadu