Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Banks in India

641 views

Published on

GENERAL VIEW OF BANKS IN INDIA AND THEIR ORIGIN!!

Published in: Economy & Finance
  • Be the first to like this

Banks in India

  1. 1. . . INDIA
  2. 2. HISTORY 1) Banking is 200 years old in india. 2) The first bank of india was established on 2 june 1806 then known as “Bank of calcutta”. 3) Later on it was renamed as “Bank Of Bengal”. 4) Thereafter 2 other presidency banks- Bank Of Bombay And Bank Of Madras merged in it and it became “Imperial Bank” in 1921. 5) In 1881, Oudh Commercial Bank was established. 6) Subsequently, Punjab National Bank was established in 1894. 7) As swaraj movement gained momentum, many commercial banks were established. 8) During 1913-1917, banking crisis took place and as a result 588 banks failed to survive.It ended in 1949. 9) In 1949, Banking Regulation Act was passed. 10) In 1955, the govt. of india owned the imperial bank of india alongwith RBI taking 60% stake in it and renamed it as State Bank Of India. 11) In 1959, the govt. passed The State Bank Of India(subsidiary Act) which made seven state associate banks.
  3. 3. NATIONALISATION OF BANKS 1) Nationalization is the process of taking a private industry or private assets into public ownership by a national government or state. 2) In july 1969, 14 major commercial banks were nationalized. 3) In April 1980,another six commercial banks were nationalized. 4) In 1993,The New Bank Of India which was running at a loss was merged with Punjab National Bank. 5) In 2008, the govt. took over the stake of SBI held by the RBI.
  4. 4. PUBLICSECTORBANKSININDIA 1) ALLAHABAD BANK 2) BANK OF BARODA 3) ANDHRA BANK 4) BANK OF INDIA 5) BANK OF MAHARASHTRA 6) CANARA BANK 7) CENTRAL BANK OF INDIA 8) CORPORATION BANK 9) DENA BANK 10) INDIAN BANK 11) INDIAN OVERSEAS BANK 12) ORIENTAL BANK OF COMMERCE 13) PUNJAB NATIONAL BANK 14) PUNJAB AND SIND BANK 15) SYNDICATE BANK 16) UCO BANK 17) UNION BANK OF INDIA 18) UNITED BANK OF INDIA 19) VIJAYA BANK 20) STATE BANK OF INDIA  THE 19 NATIONALISED BANKS ALONGWITH SBI ARE AS FOLLOWS
  5. 5. The SBI is the largest commercial bank of the country and is among the 100 topmost banks In the world. It’s seven subsidiary banks are as follows:- 1) State Bank Of Bikaner And Jaipur. 2) State Bank Of Hyderabad. 3) State Bank Of Indore. 4) State Bank Of Mysore 5) State Bank Of Patiala 6) State Bank Of Saurashtra 7) State Bank Of Travancore
  6. 6. Subsequent to the issue of guidelines In Jan 1993 for the entry of new private sector banks, THE RBI granted approval for the setting up of 13 privately owned domestic banks. At present, 19 privately owned domestic banks are operating in india. 1. Axis Bank 15. South Indian Bank 2. Icici Ltd 16. Hdfc Bank 3. Lakshmi Vilas Bank 17. Kotak Mahindra 4. Catholic Syrian Bank 18. Yes Bank 5. Indusind Bank 19. Shivalik Bank 6. Rbl Bank 7. City Union Bank 8. Ingvyasa Bank 9. Nainital Bank 10.Development Credit Bank 11.Karnataka Bank 12.Tamilnadu Mercantile Bank 13.Dhanlaxmi Bank 14.Karurvyasa Bank
  7. 7. IMPORTANT BANK MERGERS 1) 1993- NEW BANK OF INDIA MERGED WITH PNB 2) 1996-PUNJAB CO-OP LTD MERGED WITH ORIENTAL BANK OF COMMERCE (OBC) 3) 2000- TIMES BANK LTD MERGED WITH HDFC 4) 2001- BANK OF MADUR MERGED WITH ICICI BANK 5) 2004-IDBI MERGED WITH INDUSTRIAL DEVELOPMENT BANK OF INDIA 6) 2004- GLOBAL TRUSTBANK LTD MERGED WITH OBC 7) 2005- CENTURION BANK MERGED WITH BANK OF PUNJAB LIMITED 8) 2007- BHARAT OVERSEAS BANK MERGED WITH INDIAN OVERSEAS BANK 9) 2008-CENTURION BANK OF PUNJAB MERGED WITH HDFC
  8. 8. SUBMITTED BY SHIKHA AGGARWAL THANK YOU

×