EVOLUTION:

Presidency Banks: Bank of Bengal in 1809, Bank of Bombay in 1840 Bank of Madras in 1843 Imperial Bank of India -1921 Reserve Bank of India-1935 State bank of India-1955 Nationalization of 14 Banks-1969 Second Dose of Nationalization 1980

COMPOSITION OF INDIAN BANKING SYSTEM:

Reserve Bank of India Commercial Banks Co-operative Banks

Reserve Bank of India

Scheduled Banks Commercial Banks Foreign Banks Public Sector SBI & Associate Banks Regional Banks Private Sector Co-Operative Banks Urban Rural

Others

RESERVE BANK OF INDIA:

Established in 1935 Central Board of Directors with 20 members 1local Board for each of the four regions Traditional central banking functions Regulatory functions Promotional functions

COMMERCIAL BANKS:

Public Sector Banks Private Sector Banks: Indian & Foreign

PUBLIC SECTOR BANK - STATE BANK OF INDIA:

 Oldest bank in India - Started In1806 in calcutta and named as Bank Of Bengal. 3 presidency banks : Bank Of Bengal Bank Of Bombay Bank Of Madras 3 presidential Banks were merged as Imperial bank of India in 1921 Name State Bank of India was given after Independence

PRIVATE BANKS:
 liberalization 1990 Licenses were given to Private banks (Prime Minister P.V. NARASIMHA RAO)  1st Private bank: Global Trust Bank( now merged with Oriental Bank of Commerce)  followed by AXIS(UTI) bank, ICICI & HDFC.

CO-OPERATIVE BANKS:

Caters Different Economic Groups Most of the Functions of Commercial Banks Controlled by Reserve Bank of India.

NATIONALIZATION OF BANKS:
 nationalization of 14 banks took place on July 20, 1969 (Prime minister Indira Gandhi)

6 more Banks were nationalized by 1980

TOP 10 BANKS IN INDIA:

1. 4. 5. 7. 10.

2. 5. 8.

3. 6. 9.

Data Released: March 2011

REFERENCES:
Wikipedia finance.indiamart.com www.rupeetimes.com www.mckinsey.com Indian Economy by Dutt and Sundaram

THANK YOU