By Sandeep Keshri Alumini IPEX

BANK A BANK is a Financial Institution which

deposits Money from the Public and distributes it among different sources of Income such as
LOANS COMMISSIONS SELLING OF GOLD COINS

SELLING OF MUTUAL FUNDS

KINDS OF BANKS
Central Bank Reserve Bank of India

Commercial Bank

Regional Rural Bank

Co-operative Bank

Public Sector Bank

Private Sector Bank

Indian Banks

State Co-operative Bank

State Bank of India & SBI Associates Foreign Banks

Central Co-operative Bank

Other Nationalized Banks

RBI(RESERVE BANK OF INDIA)

It is the Apex Bank which act as Bankers of Bank and was proposed by HILTON YOUNG COMMISION in 1926. The Reserve Bank of india was established on April 1 ,1935 according to RBI Act 1934 & Nationalised on Jan 1,1949.
I

FUNCTIONS OF RBI
1.To issue currency
2.To work as Bank of Govt. 3.To control credit(Related to monetary policy)
4.To instructs banks to have Remote acces(Related to Financial Inclusiion)

FUNCTIONS OF RBI
5. Give License to open BANKS
6. Enables Commercial Banks to open Foreign Branches.

COMMERCIAL BANK
Commercial Banks are banking Institutions that accept deposits and grant Loans to their customers
PSU(Public Sector Bank)A PSU bank is a government undertaking of which more than 50% of shares are with the Government.

Private Sector BankA Bank of which majority of share capital of Bank is held by private individuals.

COMMERCIAL BANK
Foreign BanksBanks which have their Headquarters in a Foreign Country but Operate their branches in our country.Eg. HSBC,CITI BANK etc.

RRB(REGIONAL RURAL BANK)

A bank which works in a Rural areas for its upliftment. Main purpose of RRBs are to improve banking habit in Rural areas & save farmers from Money Lenders.

CO-OPERATIVE BANKS
A Bank in which the Owners and Customers are same kind of people.In this people come together to jointly serve their common interest and when a co-operative society engages itself in banking business then it is called co-operative bank.The society have to obtain a license from RBI before starting business. Eg. Andaman & Nicobar state coperative bank.

First Phase
July 19, 1969 with deposits of Rs 50 crores
1. PUNJAB NATIONAL BANK 2. CENTRAL BANK OF INDIA 3. BANK OF INDIA 4. BANK OF BARODA 5. UNITED BANK OF INDIA 6. CANARA BANK 7. UNION BANK OF INDIA 8. DENA BANK BANK 9. SYNDICATE BANK 10. ALLAHABAD BANK 11. INDIAN BANK 12. BANK OF MAHARASHTRA 13. INDIAN OVERSEAS BANK 14. UNITED COMMERCIAL BANK

SECOND PHASE OF NATIONALIZATION

April 15, 1980 with deposits of Rs 200 crores

1. ANDHRA BANK
3. NEW BANK OF INIDA

2. CORPORATION BANK
4. ORIENTAL BANK OF COMMERCE

6. VIJAYA BANK

5. PUNJAB & SIND IDBI Bank has recently been BANK

nationalized.

Note:

SBI & ITS ASSOCIATES

SBI
SBI & ITS ASSOCIATES

PRESIDENCY BANK (BANK OF BOMBAY, BANK OF CALCUTTA, BANK OF MADRAS) amalgamated into IMPERIAL BANK OF INDIA on 27th Jan, 1921 by IMPERIAL BANK OF INDIA ACT OF 1920 SBI Act 1955 undertakes Imperial Bank as SBI

UNDER SBI ACT 1959

1. STATE BANK OF HYDERABAD 2. STATE BANK OF MYSORE

3. STATE BANK OF TRAVANCORE

4. STATE BANK OF BIKANER & JAIPUR 5. STATE BANK OF PATIYALA

BANKS AND THEIR HEAD OFFICES

CENTRAL BANK OF INDIA BANK OF BARODA BANK OF INDIA PUNJAB NATIONAL BANK UCO BANK UNITED BANK OF INDIA ANDHRA BANK OF INDIA CORPORATION BANK OF INDIA MUMBAI BARODA MUMBAI NEW DELHI KOLKATA KOLKATA HYDERABAD MANGALORE

DENA BANK SYNDICATE BANK UNION BANK OF INDIA

MUMBAI

MANIPAL
MUMBAI KOLKATA PUNE CHENNAI NEW DELHI AMRITSAR

ALLAHABAD BANK BANK OF MAHARASHTRA INDIAN OVERSEAS BANK ORIENTAL BANK OF COMMERCE
PUNJAB AND SIND BANK VIJAYA BANK INDIAN BANK CANARA BANK

MANGALORE
CHENNAI MANGALORE

BANKS AND THEIR LOGOS

RESERVE BANK OF INDIA
HDFC BANK

INDIAN BANK ALLAHABAD BANK BANK OF INDIA BANK OF BARODA STATE BANK OF INDIA SYNDICATE BANK ICICI BANK CANARA BANK

UNITED BANK OF INDIA

CENTRAL BANK UNION BANK OF INDIA

BANK OF MAHARASTRA PUNJAB NATIONAL BANK UCO BANK INDIAN OVERSEAS BANK

BANKS AND THEIR PUNCHLINES

IOB SBI
ALLAHABAD

GOOD PEOPLE TO GROW WITH WITH YOU ALL THE WAY/NATION BANKS ON US TRADITION OF TRUST TRUSTED FAMILY BANK GOOD PEOPLE TO BANK WITH MUCH MORE TO DO WITH YOU IN FOCUS

DENA UNION ANDHRA

VIJAYA
INDIAN CENTRAL

A FRIEND YOU CAN BANK UPON

TAKING BANKING TECHNOLOGY TO THE COMMON MAN BUILD A BETTER LIFE AROUND US

OBC BOI SYNDICATE CANARA UNITED UCO PUNJAB & SIND

WHERE EVERY INDIVIDUAL IS COMMITTED RELATIONSHIP BEYOND BANKING YOUR FAITHFUL AND FRIENDLY FINANCIAL PARTNER ITS EASY TO CHANGE FOR THOSE WHO YOU LOVE THE BANK THAT BEGINS WITH YOU HONOURS YOU TRUST A NAME YOU CAN BANK UPON

BOB

INDIAS INTERNATIONAL BANK

ICICI
HSBC HDFC BANK OF RAJASTHAN FEDERAL BANK YES BANK J & K BANK LAKSHAMI VIKAS BANK

HUM HAI NA
WORLDS LOCAL BANK WE UNDERSTAND YOUR WORLD

TOGETHER WE PROSPER
YOUR PERFECT BANKING PARTNER EXPERIENCE OUR EXPERTISE SERVING TO EMPOWER

THE CHANGING FACE OF PROSPERITY

The minimum rate at which RBI gives loan to bank for a long period of time(beyond 90days)

The rate at which RBI gives loan to BANKs for a short period of time(upto 90 days) against govt.

The rate at which commercial banks lends its surplus money to RBI for a short period of time.It is reverse of Repo Rate.

It is the ratio of total assets of a bank that have to keep necessarily with RBI

It is the ratio of the total assets of a bank which has to maintain necessarily in the form of cash,gold or securities.

It is the rate at which banks give loan to its most worthy customer

It is the rate at which no any bank can give loan to its customer

It is a ratio of a banks capital to its Risk

KYC(KNOW YOUR CUSTOMER)

KYC norms are meant to establish the identity and residence proof of an account holder.Its leads to the prevention of money laundering.
NEFT(NATIONAL ELECTRONIC FUND TRANSFER)
It is a fund transfer mechanism to transfer money from one bank to another.There is no limit either minimum or maximum of funds that could be transfer using NEFT

RTGS(Real Time Gross Settlement)

Its also a fund Transfer mechanism to transfer money from one bank to another .The minimum amount to be remitted through RTGS is 2 Lakh and there is no upper limit.

FINANCIAL INCLUSION
It is delivery of banking services at an affordable cost to the vast section of disadvantaged and low income group

DEBIT CARD
This is a plastic card in which money is stored in electronic format.A bank issues this card to its customer to withdraw money from ATM not more than the customers Account hold.

CREDIT CARD
This is also a plastic money which a bank allows to its trustworthy customers to withdraw more money than their account holds from the ATM.

BIOMETRIC CARD
A Biometric card is a plastic card containing bio-metric information such as finger prints,hair colour,cornea configuration

SOME IMPORTANT SCHEMES AND COMMITTEE

BANK OMBUDSMAN SCHEME

Introduced ion 14 JUNE 1955.It is appointed and regulated by RBI. PURPOSEFor Resolution of customer complaints relating to defeciency in Banking services provided by commercial bank,RRB and other banks.

Appointment of 15 BOS in INDIA on 4 JUNE 1995

1. DELHI
2. BHOPAL
4. CHANDIGARH 5. HYDERABAD

3. BANGALORE

6. MUMBAI

7. PATNA

10. GUWAHATI

8. JAIPUR

11. AHMEDABAD

9. KANPUR

12. KOLKATA

13. TRIVENDRUM

14. CHENNAI

15. BHUBANESHWAR

<sandeep.sandeep.keshri90@gmail.com>

WISH YOU ALL THE BEST