Archives for 

Banking GK

Co-Operative Banks in India

 Co-Operative Banks in India is created to financing needs of agriculture, retail trade,small industry and self-employed business in urban, semi-urban and rural areas. A distinctive feature of the co-operative credit structure in India is its heterogeneity.  The co-operative banking structure is differ from Urban, Rural and states. Urban areas are served by Rural Co-Operative Banks, […] Continue reading →

Public Sector Banks in India

 Public Sector Banks is the major player in the Indian Banking Sector with 92% of countries banking segment is under state control.  In India, the public sector banks are divided into three categories – State Bank Group, Natioanlised Banks, Regional Rural Banks. State Bank Group – This group consist of State Bank of India and […] Continue reading →

Punjab National Bank – Important Points

 On 19 May 1894 Punjab National Bank was registered under Act VI of Indian Companies Act 1882. Punjab National Bank (PNB) was established in Lahore in 1895 (12 April, 1895). Headquarters of Punjab National Bank is located in New Delhi, India. Present Chairman & MD of Punjab National Bank is K R Kamath. First Chairman & […] Continue reading →

Public Sector Scheduled Banks in India

 The Public Sector Scheduled Banks in India consist of 19 Nationalised Banks, State Bank of India and It’s five (5) associates and IDBI. Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government. The shares of these banks are listed on stock exchanges. There are total […] Continue reading →