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A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. [1] Lending activities can be directly performed by the bank or indirectly through capital markets. [2]
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
Universal banks (foreign-owned banks) Alpha Bank. Banca Comercială Română (part of the Erste Group) BRD – Groupe Société Générale. Credit Europe Bank. Garanti BBVA (part of the BBVA Group) First Bank. Intesa Sanpaolo. Libra Internet Bank.
The Cosmos Co-operative Bank Ltd. ( Cosmos Bank ), established in 1906, is one of the oldest Urban Co-operative Banks in India. Cosmos Bank celebrated its centenary on 18 January 2006. It is one of the first co-operative banks in the country to implement Core Banking System (CBS) across the entire network of its then 140 service outlets using ...
Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses.
Starling Bank ( / ˈstɑːrlɪŋ /) is a British bank, occasionally referred to as a digital challenger bank or neobank, providing current and business bank accounts in the United Kingdom.
National Housing Bank (NHB), is the apex regulatory body for overall regulation and licensing of housing finance companies in India. It is under the jurisdiction of Ministry of Finance , Government of India.
Cassa di Risparmio di Volterra S.p.A. is an Italian saving bank based in Volterra, in the Province of Pisa, Tuscany. The bank was owned by the banking foundation of the same name (Fondazione Cassa di Risparmio di Volterra) for 75% stake. Cassa di Risparmio di San Miniato owned 20% and Fondazione Cassa di Risparmio di San Miniato owned an additional 5% stake.