1- American Express Bank Ltd.
2- ANZ Gridlays Bank Plc.
3- Bank of America NT & SA
4- Bank of Tokyo Ltd.
5- Banquc Nationale de Paris
6- Barclays Bank Plc
7- Citi Bank N.C.
8- Deutsche Bank A.G.
9- Hongkong and Shanghai Banking Corporation
10- Standard Chartered Bank.
11- The Chase Manhattan Bank Ltd.
12- Dresdner Bank AG.
Wednesday, 22 June 2011
The following are the Scheduled Banks in India (Private Sector):
1- ING Vysya Bank Ltd
2- Axis Bank Ltd
3- Indusind Bank Ltd
4- ICICI Bank Ltd
5- South Indian Bank
6- HDFC Bank Ltd
7- Centurion Bank Ltd
8- Bank of Punjab Ltd
9- IDBI Bank Ltd
10- Jammu & Kashmir Bank Ltd.
2- Axis Bank Ltd
3- Indusind Bank Ltd
4- ICICI Bank Ltd
5- South Indian Bank
6- HDFC Bank Ltd
7- Centurion Bank Ltd
8- Bank of Punjab Ltd
9- IDBI Bank Ltd
10- Jammu & Kashmir Bank Ltd.
The following are the Scheduled Banks in India (Public Sector):
1- State Bank of India
2- State Bank of Bikaner and Jaipur
3- State Bank of Hyderabad
4- State Bank of Indore
5- State Bank of Mysore
6- State Bank of Saurashtra
7- State Bank of Travancore
8- Andhra Bank
9- Allahabad Bank
10- Bank of Baroda
11- Bank of India
12- Bank of Maharashtra
13- Canara Bank
14- Central Bank of India
15- Corporation Bank
16- Dena Bank
17- Indian Overseas Bank
18- Indian Bank
19- Oriental Bank of Commerce
20- Punjab National Bank
21- Punjab and Sind Bank
22- Syndicate Bank
23- Union Bank of India
24- United Bank of India
25- UCO Bank
26- Vijaya Bank
2- State Bank of Bikaner and Jaipur
3- State Bank of Hyderabad
4- State Bank of Indore
5- State Bank of Mysore
6- State Bank of Saurashtra
7- State Bank of Travancore
8- Andhra Bank
9- Allahabad Bank
10- Bank of Baroda
11- Bank of India
12- Bank of Maharashtra
13- Canara Bank
14- Central Bank of India
15- Corporation Bank
16- Dena Bank
17- Indian Overseas Bank
18- Indian Bank
19- Oriental Bank of Commerce
20- Punjab National Bank
21- Punjab and Sind Bank
22- Syndicate Bank
23- Union Bank of India
24- United Bank of India
25- UCO Bank
26- Vijaya Bank
Nationalization of Banks-
Despite the provisions, control and regulations of Reserve Bank of India, banks in India except the SBI, continued to be owned and operated by private persons. By the 1960s, the Indian banking industry had become an important tool to facilitate the development of the Indian economy. At the same time, it had emerged as a large employer, and a debate had ensued about the nationalization of the banking industry. Indira Gandhi, then Prime Minister of India, expressed the intention of the Government of India in the annual conference of the All India Congress Meeting in a paper entitled "Stray thoughts on Bank Nationalisation." The meeting received the paper with enthusiasm.
There after, her move was swift and sudden. The Government of India issued an ordinance and nationalized the 14 largest commercial banks with effect from the midnight of July 19, 1969. Jayaprakash Narayan, a national leader of India, described the step as a "masterstroke of political sagacity." Within two weeks of the issue of the ordinance, the Parliament passed the Banking Companies (Acquisition and Transfer of Undertaking) Bill, and it received the presidential approval on 9 August 1969.
A second dose of nationalization of 6 more commercial banks followed in 1980. The stated reason for the nationalization was to give the government more control of credit delivery. With the second dose of nationalization, the Government of India controlled around 91% of the banking business of India. Later on, in the year 1993, the government merged New Bank of India with Punjab National Bank. It was the only merger between nationalized banks and resulted in the reduction of the number of nationalised banks from 20 to 19. After this, until the 1990s, the nationalised banks grew at a pace of around 4%, closer to the average growth rate of the Indian economy.
Click on the following links to know about that.---
1- scheduled and non-scheduled banks
2-scheduled and banks
3-nationalization of banks
4-following are scheduled banks in india
5-following are scheduled banks in india
6-following are scheduled foreign banks
There after, her move was swift and sudden. The Government of India issued an ordinance and nationalized the 14 largest commercial banks with effect from the midnight of July 19, 1969. Jayaprakash Narayan, a national leader of India, described the step as a "masterstroke of political sagacity." Within two weeks of the issue of the ordinance, the Parliament passed the Banking Companies (Acquisition and Transfer of Undertaking) Bill, and it received the presidential approval on 9 August 1969.
A second dose of nationalization of 6 more commercial banks followed in 1980. The stated reason for the nationalization was to give the government more control of credit delivery. With the second dose of nationalization, the Government of India controlled around 91% of the banking business of India. Later on, in the year 1993, the government merged New Bank of India with Punjab National Bank. It was the only merger between nationalized banks and resulted in the reduction of the number of nationalised banks from 20 to 19. After this, until the 1990s, the nationalised banks grew at a pace of around 4%, closer to the average growth rate of the Indian economy.
Click on the following links to know about that.---
1- scheduled and non-scheduled banks
2-scheduled and banks
3-nationalization of banks
4-following are scheduled banks in india
5-following are scheduled banks in india
6-following are scheduled foreign banks
Scheduled Banks
1- Scheduled Comercial Bank
2- Scheduled Co-perative Bank
3- All Indian financial institution
Scheduled Comercial Bank-
1- Nationalized Banks
2- Private Banks
3- Regional Rural Banks
Click on the following links to know about that.---
1-nationalization of banks
2-following are scheduled banks in india
3-following are scheduled banks in india
4-following are scheduled foreign banks
2- Scheduled Co-perative Bank
3- All Indian financial institution
Scheduled Comercial Bank-
1- Nationalized Banks
2- Private Banks
3- Regional Rural Banks
Click on the following links to know about that.---
1-nationalization of banks
2-following are scheduled banks in india
3-following are scheduled banks in india
4-following are scheduled foreign banks
Scheduled and Non-Scheduled Banks
The commercial banking structure in India consists of:
• Scheduled Commercial Banks in India
• Unscheduled Banks in India
Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.
As on 30th June, 1999, there were 300 scheduled banks in India having a total network of 64,918 branches.The scheduled commercial banks in India comprise of State bank of India and its associates (8), nationalised banks (19), foreign banks (45), private sector banks (32), co-operative banks and regional rural banks.
"Scheduled banks in India" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), or any other bank being a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934), but does not include a co-operative bank".
"Non-scheduled bank in India" means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank".
--------“SHEDULE BANK IS GOVERNED BY GOVERNMENT I.E
A GOVERNMENT OF "XYZ" UNDERTAKING.
NON-SHEDULE BANKS ARE PRIVATE BANKS THAT ARE NOT DIRECTLY GOVERNED BY THE GOVERNMENT BUT OBEY GOVERNMENT RULES AS OTHER BANKS”.------------
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Scheduled Banks;
1.They are included in the second schedule of RBI Act,1934
2.Their paid up capital and Reserve fund exceeds Rs 5 lakhs
3.They get benefits from RBI
Non Scheduled Banks;
1.They are not included in the second schedule of RBI Act,1934
2.Their paid up capital and Reserve fund is less than Rs 5 lakhs
3.They do not get benefits from RBI
Click on the following links to know about that.---
1-scheduled banks
2-nationalization of banks
3-following are scheduled banks in india
4-following are scheduled banks in india
5-following are scheduled foreign banks
• Scheduled Commercial Banks in India
• Unscheduled Banks in India
Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.
As on 30th June, 1999, there were 300 scheduled banks in India having a total network of 64,918 branches.The scheduled commercial banks in India comprise of State bank of India and its associates (8), nationalised banks (19), foreign banks (45), private sector banks (32), co-operative banks and regional rural banks.
"Scheduled banks in India" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), or any other bank being a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934), but does not include a co-operative bank".
"Non-scheduled bank in India" means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank".
--------“SHEDULE BANK IS GOVERNED BY GOVERNMENT I.E
A GOVERNMENT OF "XYZ" UNDERTAKING.
NON-SHEDULE BANKS ARE PRIVATE BANKS THAT ARE NOT DIRECTLY GOVERNED BY THE GOVERNMENT BUT OBEY GOVERNMENT RULES AS OTHER BANKS”.------------
-----------------------------------------------------------------------------------------------------------------------------------------
Scheduled Banks;
1.They are included in the second schedule of RBI Act,1934
2.Their paid up capital and Reserve fund exceeds Rs 5 lakhs
3.They get benefits from RBI
Non Scheduled Banks;
1.They are not included in the second schedule of RBI Act,1934
2.Their paid up capital and Reserve fund is less than Rs 5 lakhs
3.They do not get benefits from RBI
Click on the following links to know about that.---
1-scheduled banks
2-nationalization of banks
3-following are scheduled banks in india
4-following are scheduled banks in india
5-following are scheduled foreign banks
Banking in India
Banking in India originated in the last decades of the 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, which started in 1790; both are now defunct. The oldest bank in existence in India is the State Bank of India, which originated in the Bank of Calcutta in June 1806, which almost immediately became the Bank of Bengal. This was one of the three presidency banks, the other two being the Bank of Bombay and theBank of Madras, all three of which were established under charters from the British East India Company. For many years the Presidency banks acted as quasi-central banks, as did their successors. The three banks merged in 1921 to form the Imperial Bank of India, which, upon India's independence, became the State Bank of India.
Click on the following links to know about that.---
1- scheduled and non-scheduled banks
2-scheduled and banks
3-nationalization of banks
4-following are scheduled banks in india
5-following are scheduled banks in india
6-following are scheduled foreign banks
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