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  • Evolution of Banking in India

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    abhinavjog
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    The document outlines the history of banking in India from the early 1800s to present day. It details the establishment of presidency banks starting in 1806, followed by banks promoted by Indians in the late 1800s and early 1900s. In 1921, the Imperial Bank of India was formed, later becoming the Reserve Bank of India in 1934. Following independence in 1948, many state-owned and private banks were established. Nationalization occurred in 1969 and 1980. Liberalization in the 1990s led to growth of private sector banks. Recent years saw mergers of various banks.

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    This is a brief presentation on the evolution of banking in India over the past two centuries.

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    Evolution Of Banking In India

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    The document outlines the history of banking in India from the early 1800s to present day. It details the establishment of presidency banks starting in 1806, followed by banks promoted by Indians in the late 1800s and early 1900s. In 1921, the Imperial Bank of India was formed, later becoming the Reserve Bank of India in 1934. Following independence in 1948, many state-owned and private banks were established. Nationalization occurred in 1969 and 1980. Liberalization in the 1990s led to growth of private sector banks. Recent years saw mergers of various banks.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    15 views7 pages

    Evolution of Banking in India

    Uploaded by

    abhinavjog
    The document outlines the history of banking in India from the early 1800s to present day. It details the establishment of presidency banks starting in 1806, followed by banks promoted by Indians in the late 1800s and early 1900s. In 1921, the Imperial Bank of India was formed, later becoming the Reserve Bank of India in 1934. Following independence in 1948, many state-owned and private banks were established. Nationalization occurred in 1969 and 1980. Liberalization in the 1990s led to growth of private sector banks. Recent years saw mergers of various banks.

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    of 7

    PRESIDENCY BANKS

     1806- Bank of Calcutta

     1809- Bank of Bengal

     1840- Bank of Bombay

     1843- Bank of Madras


    BANKS PROMOTED BY INDIANS

    1865- Allahabad Bank

    1894- Punjab National Bank

    1906-Bank of India

    1907- Indian Bank

    1908- Bank of Baroda

    1911- Central Bank of India


    CENTRAL BANK

     1921- Imperial Bank of India

     1934- Reserve Bank of India


    POST –INDEPENDENCE ERA

     1948- IFCI

     1949- Nationalization of RBI

     1955- SBI, ICICI

     1964- IDBI, UTI


    NATIONALIZATION

     1969- Nationalization of 14 banks

     1975- Regional Rural Banks (RRBs)

     1977- HDFC Ltd

     1980 - Nationalization of 6 more banks

     1982- EXIM Bank, NABARD

     1990- SIDBI
    POST-LIBERALIZATION ERA
     1994- Privatization
     1995- Global Trust Bank Ltd, ICICI Bank Ltd, HDFC Bank Ltd,
    Axis Bank Ltd, Bank of Punjab, IndusInd Bank Ltd, Centurion
    Bank, IDBI Bank Ltd, Times Bank and Development Credit
    Bank Ltd.
     2002- ICICI & ICICI Bank merger
     2003- Kotak Mahindra Bank
     2004- Yes Bank
     2004- IDBI & IDBI Bank merger
     2013- Bharatiya Mahila Bank (BMB)
     2015- IDFC Bank & Bandhan Bank
     Small banks & Payment Banks
     2017- Merger of BMB & Associate Banks with SBI
     2019- Merger of BOB, Dena Bank & Vijaya Bank

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