Tricks to learn Banks Head Quarters in India (Public Sector Bank

Headquarters in India)
Trick : 1
Banks having “OF INDIA” at their Last except UBI : Headquarters –
Mumbai
1. State Bank of India – Mumbai
2. Bank of India – Mumbai
3. Central Bank of India – Mumbai
4. Union Bank of India – Mumbai
5. IDBI (Industrial Development bank of India) – Mumbai
6. Dena Bank – Mumbai (This bank don’t have ‘of india’ at last but its
Headquarter is in Mumbai)
Reserve of India – Mumbai
Security & Exchange Board of India – Mumbai
Trick : 2
Banks having “INDIAN” at their starting: Headquarters – Chennai
1. Indian overseas Bank – Chennai
2. Indian Bank – Chennai
Trick : 3
Vijay Can Bang – Bangalore
1. Vijaya Bank – Bangalore
2. Canara Bank – Bangalore
Trick : 4
Bank having HQ in their own cities
1. Bank of Baroda – Baroda
2. Bank of Maharashtra – Pune
3. Andhra Bank – Hyderabad
Trick : 5
Delhi & Punjabi Girls(Mahila) are good in Commerce
1. Punjab National Bank – New Delhi
2. Punjab & Sindh Bank – New Delhi
3. Bharitya MAHILA Bank – New Delhi
4. Oriental Bank of commerce – New Delhi
Trick : 6
Allahabad & Kolkata’s People are Unite
1. UCO (United Commercial Bank) – Kolkata
2. United Bank of India – Kolkata
3. Allahabad – Kolkata
Trick : #
Two banks which have very unique headquarters
1. Syndicate Bank – Manipal
2. Corporation Bank – Mangalore

Payment Bank & Small Finance Bank

On the 17th of July 2014, when RBI produces two new drafts for Payment
Bank and Small Bank their primary objective was to bring the remaining 40%
of the population under the banking services. The idea of these neach banks
was proposed by Mor commety, who study the Vodafone's M-paisa scheme in
Kenya, where only 30% of the population has the bank account but 80% were
under the banking inclusion because of Vodafone M-Paisa.
So far the RBI has issued 10 small finance and 9 payment
bank licenses. There are only two main reasons to choose this kind of banks,
first, it requires less initial investment, and second is the penetration of mobile
into every village. These banks were opened so that every family will have at
least 1 bank account. Before that that RBI proposed the RRBs but their main
problem was that their promoter bank need to invest large amount of money
for every new branch.
The RBI issued some guideline for these banks, like for
example payment bank can't grant loans, but they can accept deposit upto 1
lakh. They can't issue debit or credit cards. All the other regulations for small
finance banks were same except that they are free to give away loan up to 25
lakh and can issue debit cards.
This initiative answers the biggest problem of India that is
Black money. Through this, more people will have a bank account and will use
digital currency.