The banking industry in India began in 1786 with the establishment of the General Bank of India. Several other banks were founded throughout the 1800s, and the Reserve Bank of India was established in 1949 to regulate the banking sector. Banks in India perform commercial, industrial, and agricultural financing functions, and can be public, private, or cooperative. The document outlines the primary and secondary activities of banks, various bank deposits and loans, stages of nationalization, current statistics on banks in India, and provides overviews of the State Bank of India, ICICI Bank, and Bank of India.

1. Banking
Industry
Rodixon.K.R

2. The term Banking
means……….
“Accepting for the
purpose of lending or
investment, of deposits
of money from the
public repayable on
demand or otherwise,
and withdrawable by
cheque, draft, and order
or otherwise”.( Banking
Regulation Act of 1949)

3.  General Bank of India(1786)- First joint stock bank
in India
 Bank of Bengal(1806)
 Bank of Bombay(1840) Imperial Bank
 Bank of Madras(1843) (1921)
State Bank of India Act(1955)
State Bank of India

4.  Function(Commercial, Industrial, Agricultural,
Exchange, Savings, Central and World Bank)
 Ownership(Public, Private and Co-operative)
 Domicile(Domestic and Foreign)
 Registration(Scheduled, Non-Scheduled, Licensed,
Non-licensed)

5. PRIMARY SECONDARY
 Accepting Deposits
 Lending Money
 Agency Services:-
(Transfer of funds, cheque
collection, standing order
execution, purchase and sale
of securities, collection of
dividend on shares etc.)
 General Utility
Services:-
(Locker facility, travelers
cheque, letter of credit,
underwriting, foreign exchange
etc.)

6.  Reserve Bank of India is the apex body
constituted to regulate and control the affairs
of banks.
 Banking Regulation Act of 1949.

7. DEPOSITS LOANS
 Fixed deposits
 Current deposits
 Savings deposits
 Recurring deposits
 Overdraft
 Cash Credit
 Discounting of Bill
of Exchange
 Money at
call/notice
 Term loan

8. Nationalization implies bringing the control
and ownership of banks under Government.
Stages of Nationalization:-
 RBI was nationalized in 1949.
 State Bank and 7 associated banks were
nationalized (1955-1959)
 14 major commercial banks in1969
 6 more banks in 1980

9. NUMBER OF BANKS IN INDIA
 Public Sector Banks -26
 Private Sector Banks-25
 Foreign Banks in India-29
 Regional Rural Banks-95

10.  By 2013, The Indian Banking Industry
employed 1,175, 149 employees.
 A total of 109,811 branches.
 Aggregate deposit of INR67504.54 billion
and bank credit of INR52604.59 billion.
 The net profit of the banks in India for the
previous Financial Year was INR1027.51
billion.

11.  Banks are essential part of the economy.
 It is difficult to imagine what our lives would
be like without banks. Industry have high
competency because:-
 Banks extend credit for those who are in need
of it.
 Provide a safe place for storing our wealth.
 Banks keep the many parts of the economy
moving

12.  A healthy economy requires a strong and
healthy Banking system.
 Banks contribute to economic growth and
help to finance Govt. expenditures.
 Monetary policy and payments would be
impossible without banks.

13.  Public sector Bank
 Headquarters- Mumbai, Maharashtra.
 Arundhati Bhattacharya-Chairwoman.
 Nationalised Imperial Bank and renamed as
SBI in1955.
 Employees-295,696. Branches-14816.

14.  Products- Consumer banking, corporate
banking, finance and insurance, investment
banking, mortgage loans, saving, securities,
asset management, credit cards, general
insurance etc.
 Revenue/profit- 200560 crore/17916 crore
 Website-www.sbi.co.in

15.  Public company
 Headquarters- Mumbai.
 K.V Kamath-Chairman
Ms. Chanda Kochhar(MD & CEO).
 Employees-81254, Branches-3800.
 Have presence in 19 countries

16.  Products- Credit cards, consumer banking,
corporate banking, finance and insurance,
investment banking, mortgaged loans, private
banking, wealth management etc.
 Revenue/Profit- US$13.52 billion/1.60
billion.
 Website-www.icicibank.com

17.  Public Sector
 Headquarters- New Delhi
 K. R Kamath- Chairman
 Employees-62,392. Branches-5800.
 Serves over 80 million customers

18.  Products- Credit cards, consumer banking,
corporate banking, finance and insurance,
investment banking, mortgaged loans, private
banking, wealth management etc.
 Revenue/Profit- 474 billion/4.74 billion

19. THANK YOU