British rule in India was introduced modern banking. In the early 19th century, the British East In

2009 (3) July (3) Check out the types of credit accounts on time deposit and loan type banks in India |
British rule in India was introduced modern banking. In the early 19th century, the British East India Company opened 3 banks - Bank Oops Bengal in 1809, the Bank and the Bank in 1840, Oof Oof Bombay to Madras s scale in 1843. But a new bank after the merger of the three banks in the Imperial Bank in 1955, which was merged into the State Bank of India Oof. Allahabad Bank was India's first own bank. Oops Reserve Bank of India was established in 1935, and then in the Punjab National Bank, Bank Oops India, Canara Bank, Indian Bank were established.
In 1969 was ranked 14 major banks nationalized banks. 6 large private banks then acquired in 1980 by the Government of India.
1. Central Bank - Reserve Bank of India Central Bank of India Damn that is subject to the Government of India. It is governed by the Central Board, which regulates the central government appoints a governor. All banks operating in the country within the guidelines for that.
- SBI and its associate banks called the State Bank group.
- Regional Rural Banks that are sponsored primarily by public s scale sector banks \
4. Cooperative sector - banks, rural cooperative sector is much more useful for people. The cooperative banking sector sleeps s scale divided into the following categories -
NHB
Labels: Imperial Bank, Allahabad Bank, the history of banks, State Bank of India Oof
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