Professional Documents
Culture Documents
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à A banker or bank is a financial institution
whose primary activity is to act as a payment
agent for customers and to borrow and lend
money.
à An institution where one can place and
borrow money and take care of financial affairs;
A branch office of such an institution.
à The first modern bank was founded in Italy in
Genoa in 1406, its name was (Bank of St.
George).
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àCo
Co--operative Banks
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àCentral Bank of India
àCorporation Bank
àDena Bank
àBank of India
àIndian Overseas Bank
àOriental Bank of Commerce
àPunjab & Sind Bank
àOld generation private banks
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àUpcoming foreign bank in India
àScheduled co-
co-operative banks
àNon
Non--scheduled bank
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These banks are mainly used for devoloping
industries and countries
Some Examples-
Examples-
^Federal Bank
^HDFC Bank
^HSBC
^ICICI
^Bank Indian Overseas Bank
^ING Vysya Bank
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àTraditional functions
à Promotional functions
àSupervisory functions
àMonopoly of currency notes issue
àBanker to the Government (both the central
and state)
àFight against economic crisis and ensures
stability of Indian economy.
àController of ForEx and credit
àMaintaining the external value of domestic
currency
àExtension of the facilities for the
àInnovating the new banking business
transactions.
àExtension of the facilities for the provision
of the agricultural credit through NABARD
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Early phase from 1786 to 1969 of Indian Banks
à
Nationalization of Indian Banks and up to 1991
prior to Indian banking sector Reforms
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New phase of Indian Banking System with the
advent of Indian Financial & Banking Sector
Reforms after 1991
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à GENERAL BANK OF INDIA 1786(FIRST BANK)
àCompetition in market
Post office
Insurance
Financial Institution
Foreign Banks
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àTechnological Advancement
àRural Banking