What is a bank

A bank is a financial institution that accepts deposits from the public

and creates credit.. Lending activities can be performed either directly or
indirectly through capital markets. Due to their importance in the
financial stability of a country, banks are highly regulated in most
countries. Most nations 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 liquidity, banks are generally subject to minimum
capital requirements based on an international set of capital standards,
known as the Basel Accords.
A bank can generate revenue in a variety of different ways including
interest, transaction fees and financial advice. Traditionally, the most
significant method is via charging interest on the capital it lends out to
customers. The bank profits from the difference between the level of
interest it pays for deposits and other sources of funds, and the level of
interest it charges in its lending activities.

This difference is referred to as the spread between the cost of funds and
the loan interest rate. Historically, profitability from lending activities
has been cyclical and dependent on the needs and strengths of loan
customers and the stage of the economic cycle. Fees and financial advice
constitute a more stable revenue stream and banks have therefore placed
more emphasis on these revenue lines to smooth their financial
performance
Different public sector bank
in india

• Bank of Baroda
• Bank of India
• Bank of Maharashtra
• Central Bank of India
• Indian Overseas Bank
• Punjab & Sind Bank
• State Bank of India
• UCO Bank
Banks after merger

• Canara Bank - Syndicate Bank

• Indian Bank - Allahabad Bank
• Punjab National Bank -
Oriental Bank of Commerce -
United Bank of India
• Union Bank of India - Andhra
Bank - Corporation Bank
1. Canara bank merger
Canara bank-
• Revenue- 54,269 crore (US$7.9 bn)
• Operating income-10,461 crore (US$1.5 bn)
• Net income-547 crore (US$79 mn)
• Total assets-711,782 crore (US$100 bn)
• Number of employees-58,350
• Capital ratio-12.86%
Syndicate bank
• Revenue-6,913.09 crore (US$1.0 bn)
• Operating income-1,514 crore (US$220 mn)
• Net income-359 crore (US$52 mn)
• Total assets-299,073.34 crore (US$43 bn)
• Number of employees-35000
• Capital ratio-12.03%