BANKING SECTOR AND ITS INNOVATIONS

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BANKING SECTOR AND ITS INNOVATIONS

  1. 1.  Bank is a French word banco which mean a table for exchangeof money
  2. 2. FormationNationalisationHead-OfficeAssociate BanksCurrent Statistics
  3. 3. 1806
  4. 4. IN THE YEAR 1955
  5. 5. State Bank of IndiaState Bank of Bikaner and JaipurState Bank of HyderabadState Bank of IndoreState Bank of MysoreState Bank of PatialaState Bank of SaurashtraState Bank of Travancore
  6. 6. $360 billion Assets2,92,215 Employees21,500 Banks Across the World27,032 ATM centers
  7. 7. Former PresentO P PRAKASH BHATT PRATIP CHAUDHURI
  8. 8. 1937
  9. 9. Dated: July 20 1969
  10. 10. Nationalised Mostly  Mostly Not Nationalised Created as an instrument Created to support mostly for Economic development Business activitiesAims on SERVICES ratherthan of making PROFITS Aims only on making PROFITSSupported by Govt. Of India and Runs like business andare Safe approved services by RBI Strictly follow interest rates of Can have some changes RBI with Approval of RBI Owned and operated by Every thing in controlled by private government people
  11. 11. Announced & launched by SBI in IndiaFirst in GUJARATH
  12. 12. e- BillsCash TransfersTax PaymentOnline Shopping
  13. 13. Power billsTelephone billsInsurance Premium
  14. 14. Can transfer to anyaccount in any bankand in any time
  15. 15. SBIKotakUnion bankIciciHdfc

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