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State Bank Of Sikkim
State Bank of Sikkim (SBS) is a state owned banking institution headquartered at Gangtok, Sikkim, India. The Bank operates within the jurisdiction of the State of Sikkim and in addition to banking services, State Bank of Sikkim handles treasury functions of State Government of Sikkim. An autonomous body under the Government of Sikkim, it is not regulated by Reserve Bank of India unlike other banks in India. However, the Report of the Comptroller and Auditor General of India for the year ended March 2012 has recorded that the performance of State Bank of Sikkim generated 86 percent of the total profit earned by the state owned PSUs during the year. The State Bank of Sikkim has completed 50 years (1968-2018) of existence during which it has continually worked in partnership with development projects in the state. History State Bank of Sikkim was constituted and established in the year 1968 under the State Bank of Sikkim Proclamation, 1968. State Bank of Sikkim was initially hea ...
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Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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Gangtok
Gangtok is a city, municipality, the capital and the largest populated place of the Indian state of Sikkim. It is also the headquarters of the Gangtok District. Gangtok is in the eastern Himalayan range, at an elevation of . The city's population of 100,000 are from different ethnicities of Sikkimese people such as Indian Gorkhas, Bhutia and Lepchas. Within the higher peaks of the Himalayas and with a year-round mild temperate climate, Gangtok is at the centre of Sikkim's tourism industry. Gangtok rose to prominence as a popular Buddhist pilgrimage site after the construction of the Enchey Monastery in 1840. In 1894, the ruling Sikkimese Chogyal, Thutob Namgyal, transferred the capital to Gangtok. In the early 20th century, Gangtok became a major stopover on the trade route between Lhasa in Tibet and cities such as Kolkata (then Calcutta) in British India. After India won its independence from the British Empire in 1947, Sikkim chose to remain an independent monarchy, with Gan ...
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Sikkim
Sikkim (; ) is a state in Northeastern India. It borders the Tibet Autonomous Region of China in the north and northeast, Bhutan in the east, Province No. 1 of Nepal in the west and West Bengal in the south. Sikkim is also close to the Siliguri Corridor, which borders Bangladesh. Sikkim is the least populous and second smallest among the Indian states. Situated in the Eastern Himalaya, Sikkim is notable for its biodiversity, including alpine and subtropical climates, as well as being a host to Kangchenjunga, the highest peak in India and third highest on Earth. Sikkim's capital and largest city is Gangtok. Almost 35% of the state is covered by Khangchendzonga National Park – a UNESCO World Heritage Site. The Kingdom of Sikkim was founded by the Namgyal dynasty in the 17th century. It was ruled by Buddhist priest-kings known as the Chogyal. It became a princely state of British India in 1890. Following Indian independence, Sikkim continued its protectorate stat ...
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India
India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Th ...
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Government Of Sikkim
The Government of Sikkim also known as the State Government of Sikkim is the subnational government of the Indian state of Sikkim and its 6 districts, created by the National Constitution as the legislative, executive and judicial authority to govern the state. The Governor acts as the head of state and is, nominally, the highest figure of executive authority. However it is the Chief Minister who is the ''de facto'' head of government and chief executive. Gangtok is the capital of Sikkim, and houses the Vidhan Sabha (Legislative Assembly), the secretariat, and the Sikkim High Court. The current Legislative Assembly of Sikkim is unicameral, consisting of 32 Member of the Legislative Assembly A member of the Legislative Assembly (MLA) is a representative elected by the voters of a constituency to a legislative assembly. Most often, the term refers to a subnational assembly such as that of a state, province, or territory of a country. S ... (M.L.A). Its term is 5 years, unles ...
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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 ...
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Comptroller And Auditor General Of India
The Comptroller and Auditor General of India is the supreme audit institution of India, established under Article 148 of the Constitution of India. They are empowered to audit all receipts and expenditure of the Government of India and the State Governments, including those of autonomous bodies and corporations substantially financed by the Government. The CAG is also the statutory auditor of Government-owned corporations and conducts supplementary audit of government companies in which the Government has an equity share of at least 51 percent or subsidiary companies of existing government companies. The reports of the CAG are laid before the Parliament/Legislatures and are being taken up for discussion by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs), which are special committees in the Parliament of India and the state legislatures. The CAG is also the head of the Indian Audit and Accounts Department, the affairs of which are manage ...
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Core Banking
Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers. Businesses are usually managed via the corporate banking division of the institution. Core banking covers basic depositing and lending of money. Core banking functions will include transaction accounts, loans, mortgages and payments. Banks make these services available across multiple channels like automated teller machines, Internet banking, mobile banking and branches. Banking software and network technology allows a bank to centralise its record keeping and allow access from any location. History Core banking became possible with the advent of computer and telecommunication technology that allowed information to be shared between bank branches quickl ...
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Golden Jubilee Year Celebration
Golden means made of, or relating to gold. Golden may also refer to: Places United Kingdom *Golden, in the parish of Probus, Cornwall *Golden Cap, Dorset *Golden Square, Soho, London *Golden Valley, a valley on the River Frome in Gloucestershire *Golden Valley, Herefordshire United States *Golden, Colorado, a town West of Denver, county seat of Jefferson County *Golden, Idaho, an unincorporated community *Golden, Illinois, a village *Golden Township, Michigan *Golden, Mississippi, a village *Golden City, Missouri, a city *Golden, Missouri, an unincorporated community *Golden, Nebraska, ghost town in Burt County *Golden Township, Holt County, Nebraska *Golden, New Mexico, a sparsely populated ghost town *Golden, Oregon, an abandoned mining town *Golden, Texas, an unincorporated community *Golden, Utah, a ghost town *Golden, Marshall County, West Virginia, an unincorporated community Elsewhere *Golden, County Tipperary, Ireland, a village on the River Suir * Golden Vale, Munster, ...
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Gangtok District
Gangtok District, formerly the East Sikkim district, is an administrative district of the Indian state of Sikkim. It was renamed in 2021 as a result of administrative reorganisation of the state, which also saw three subdivisions of the East Sikkim district spawned off as a separate Pakyong district. The headquarters of the Gangtok district is Gangtok, which is also the state capital. Gangtok is the hub of all administrative activity in the state. The district is bounded by the Pakyong district in the south and southeast, Bhutan in the east, the People's Republic of China in the northeast, Mangan District in the north and Namchi District in the west. The civilian region is administered by a district collector, appointed by the state government. A major general is assigned to administer military forces in the district. As of 2011 it is the most populous of the six districts of Sikkim. History East Sikkim was part of the kingdom of Sikkim for most of its history. In the 19th ce ...
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Pakyong District
Pakyong district is a district in the Indian state of Sikkim, administered from Pakyong. The district was formed in 2021 from three former subdivisions of the East Sikkim district, viz., Pakyong Subdivision, Rangpo Subdivision and Rongli Subdivision. The remaining Gangtok Subdivision of the former district was named as the Gangtok district, which now bounds the Pakyong district in the northwest. In addition, the district is now bounded by the Kalimpong district of West Bengal, Bhutan, and the Namchi district of Sikkim. Demographics Pakyong District has the total area of . The total population as per 2011 census is . Transport Roadways The major highways in Pakyong District are as follows: * National Highway 10 connecting Siliguri to Gangtok, lies in Pakyong District from Rangpo to Singtam via Majitar. * National Highway-717A connecting Bagrakote to Gangtok, lies in the Pakyong District from Reshi, Rhenock to Setipool near Ranipool via Rorathang and Pakyong. * Nat ...
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Mangan District
North Sikkim (now officially named as Mangan District) is a district of the Indian state of Sikkim. Its district headquarters is Mangan. It is the seventh least populous district in the country (out of 640). Geography The district is the largest of the four districts of Sikkim. The landscape is mountainous with dense vegetation all the way up to the alpine altitude before thinning out to desert scrub towards the northern tundra. Numerous waterfalls astride the main road make the trip to this district extremely picturesque. The most prominent effect of the steepness of the valleys is the prevalence of landslides that at times drop to anything between 3000 and carrying devastation along their course. Most of them are caused either by the melting snow beds on top of the mountains or by erosive action of the rains. Most of the people of the state reside near Mangan, the district headquarters which is about above sea level. Further north the elevation increases with the ...
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