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Paschim Banga Gramin Bank
Paschim Banga Gramin Bank is a 'premier regional rural bank in India. It is under the ownership of Ministry of Finance , Government of India. It was established on 26 February 2007Government of India, Notification No.1/4/2006 – RRB dated 26 February 2007 (Ministry of Finance, Department of Economic Affairs (Banking Division), New Delhi) in exercise of the powers conferred by Sub-section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976). The bank was established by the amalgamation of Howrah Gramin Bank, Bardhaman Gramin Bank and Mayurakshi Gramin Bank. The tagline of the bank is "Bank for U - Banking for All". This bank is sponsored by UCO Bank and owned by the government of India, the government of West Bengal and UCO Bank. The shareholders of the bank are the Government of India (50%), UCO Bank (35%) and the Government of West Bengal (15%). The bank's head office is located at Tikiapara, Howrah, West Bengal. As of 31 March 2019, the bank made a net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Rural Bank
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance , Government of India. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches. The area of operation is limited to the area notified by the government of India covering, and it covers one or more districts in the State. RRBs perform various functions such as providing banking facilities to rural and semi-urban areas, carrying out government operations like disbursement of wages of MGNREGA workers and distribution of pensions, providing para-banking facilities like locker facilities, debit and credit cards, mobile banking, internet banking, and UPI services. History Regional Rural Banks were established under the provisions of an ordinance passed on 26 September 1975 and the RRB Act 1976 to provide sufficien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In India
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. The largest and the oldest bank which is still in existence is the State Bank of India (SBI). It originated and started working as the Bank of Calcutta in mid-June 1806. In 1809, it was renamed as the Bank of Bengal. This was one of the three banks founded by a presidency government, the other two were the Bank of Bombay in 1840 and the Bank of Madras in 1843. The three banks were merged in 1921 to form the Imperial Bank of India, which upon India's independence, became the State Bank of India in 1955. For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India was established in 1935, under the Reserve Bank of India Act, 1934. In 1960, the State Banks of India was g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Companies Of India
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. In 2019, the Indian economy was the world's fifth largest by nominal GDP and third largest by purchasing power parity. Following market-based economic reforms in 1991, India became one of the fastest-growing major economies and is considered a newly industrialised country. ''For further information on the types of business entities in this country and their abbreviations, see: " Business entities in India".'' Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2020. Only the top ranking firms (if available) are included as a sample. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Banks
The following are lists of the largest banks in the world, as measured by total assets. By total assets The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks. If JPMorgan Chase reported under the IFRS, it would be ranked 4th on the list , rather than 5th. Banks by country or territory By market capitalization The list is based on Relbanks.com's ranking as at 1 July 2019, where the data are derived from annual reports and financial statements of the companies. See also * List of systemically important banks * List of largest banks in the United States * L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Financial System Code
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems. Format The IFSC is an 11-character code with the first four alphabetic characters representing the bank name, and the last six characters (usually numeric, but can be alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. Bank IFS Code is used by the NEFT & RTGS systems to route the messages to the destination banks/branches. The format of the IFS Code is shown below. Lists of IFS Codes Bank-wise lists of IFS Codes are available with all the bank-branches participating in inter bank electronic funds transfer. A list of bank-branches participating in NEFT/RTGS and thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In India
This is the list of banks which are listed as Scheduled Banks (India) under second schedule of RBI Act, 1934. Commercial banks Public Sector Banks (PSBs) There are 12 public sector banks as of 15 November 2021 Private-sector banks At present, there are 21 private banks in India, as of 1 January 2022. Regional Rural Banks (RRBs) There are 43 regional rural banks in India as of 1 November 2020. Foreign banks Foreign banks in India as on July 14, 2020 - Branch/WOS/Representative form of presence as per RBI: Foreign banks operating as wholly owned subsidiary in India List of notable banks which are incorporated outside India and are operating wholly owned subsidiary in India: Foreign banks with branches in India List of notable banks which are incorporated outside India and are operating branches in India: Foreign banks with representative offices List of notable foreign banks with representative offices in India: Small finance banks Payments ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Banking
Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization. Digital banking involves high levels of process automation and web-based services and may include APIs enabling cross-institutional service composition to deliver banking products and provide transactions. It provides the ability for users to access financial data through desktop, mobile and ATM services. Description A digital bank represents a virtual process that includes online banking and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, back end that bankers see through their servers and admin control panels and the middleware that connects these nodes. Ultimately, a digital bank should facilitate all functional levels of banking on all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birbhum District
Birbhum district () is an administrative unit in the Indian state of West Bengal. It is the northernmost district of Burdwan division—one of the five administrative divisions of West Bengal. The district headquarters is in Suri. Other important cities are Bolpur, Rampurhat and Sainthia. Jamtara, Dumka and Pakur districts of the state of Jharkhand lie at the western border of this district; the border in other directions is covered by the districts of Bardhaman and Murshidabad of West Bengal. Often called "the land of red soil",Rahim, Kazi MB, and Sarkar, Debasish, ''Agriculture, Technology, Products and Markets of Birbhum District'', ''Paschim Banga'', Birbhum Special Issue, pp. 157–166, Information and Cultural Department, Government of West Bengal. Birbhum is noted for its topography and its cultural heritage which is somewhat different from the other districts in West Bengal. The western part of Birbhum is a bushy region, a part of the Chota Nagpur Plateau. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paschim Bardhaman District
Paschim Bardhaman district is a predominantly urban mining-industrial district in West Bengal. The headquarter of the district is Asansol. It was formed on 7 April 2017 after bifurcation of the erstwhile Bardhaman district as the 23rd district of West Bengal. Etymology Some historians link the name of the district to the 24th and last Jain ''tirthankara'', Mahavira Vardhamana, who came to preach in the area. Alternatively, ''Bardhamana'' means a prosperous and growing area. It was a forward frontier zone in the progress of Aryanisation by the people in the Upper Gangetic valley. ''Paschim'' means west. History Microliths found at Birbhanpur, near Durgapur, indicate settlements in the Ajay valley in the Paleolithic/ Mesolithic age, around 5,000 BC. In early historical times Bardhamanbhukti, a part of the Rarh region, was ruled successively by the Magadhas, Mauryas, Kushanas and Guptas. In the 7th century AD, when Shashanka was king, the area was part of the Gauda Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purba Bardhaman District
Purba Bardhaman district is in West Bengal. Its headquarters is in Bardhaman. It was formed on 7 April 2017 after the division of the previous Bardhaman district. Great revolutionary Rash Behari Bose was born in village Subaldaha in the district of Purba Bardhaman. Etymology Some historians link the name of the district to the 24th and last Jain ''tirthankara'', Mahavira Vardhamana, who came to preach in the area. Alternatively, ''Bardhamana'' means a prosperous and growing area. It was a forward frontier zone in the progress of Aryanisation by the people in the Upper Gangetic valley. ''Purba'' means east. History The district is recorded in the early 20th century British chronicles as ‘the richest tract in Bengal and the area of its oldest and most settled cultivation’. Archaeological excavations at Pandu Rajar Dhibi have indicated settlements in the Ajay valley in the Mesolithic age, around 5,000 BC. In early historical times Bardhamanbhukti, a part of the Rarh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hooghly District
Hooghly district () is one of the districts of the Indian state of West Bengal. It can alternatively be spelt ''Hoogli'' or ''Hugli''. The district is named after the Hooghly River. The headquarters of the district are at Hooghly-Chinsura (''Chuchura''). There are four subdivisions: Chinsurah Sadar, Srirampore, Chandannagore, and Arambagh. History The district of Hooghly derived its name from the town of Hooghly on the west bank of the Hugli River about 40 km north of Kolkata. This town was a major river port for trade in India before colonialism. The district has thousands of years of rich heritage as part of the Bengali kingdom of Bhurshut. The first European to reach this area was the Portuguese sailor Vasco da Gama. In 1536 Portuguese traders obtained a permit from Sultan Mahmud Shah to trade in this area. In those days the Hooghly River was the main route for transportation and Hooghly served as an excellent trading port. Within a few decades, the town o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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