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How many banks are using SAP in India?
None of the Indian scheduled commercial banks in India are using SAP for their core banking operations.
Why does reserve bank India not deal with public?
Because the RBI is not a normal bank that offers regular banking facilities to customers. Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.
When was first regional rural bank established in India?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India. As per RBI Data (Dec 2011), India has approximately 6 lakh villages in 630 districts serviced by 85,300 bank branches across India, of which around 32,000 in Rural India. Only 38% of this has access to banking facilities.
Which bank is known as APEX bank of india?
Reserve Bank of India is the Apex bank in India that governs and controls banking operations in India. In terms of large banks in India that provide Retail Banking facilities, State Bank of India is the Apex Bank.
How you will know your icici bank account balance?
You can do it many ways.Walk into your nearest Indian bank branch with your account number and ask for itWalk into the nearest Indian bank ATM and use your ATM card and check your balanceCall up customer care and mention your details and ask for itLogon to internet banking and check itLogon to mobile banking and check it.
What are the developments in INDIAN banks because of existence of foreign banks?
Banks in India these days have started offering competitive services like internet banking, mobile banking, telephone banking etc because of the foreign banks. The foreign banks offer these kind of services abroad and can easily offer them in India and to compete with them Indian banks offer these facilities as well.
Why are banks establish websites on the internet?
Banks establish websites for many reasons. Some are: a. To create a platform through which they can advertise/explain the services and facilities they offer b. To provide online/internet banking facilities to their customers
What about commercial banks?
Commercial banks are the regular banks that provide basic banking facilities to its customers. Some of the facilities you can get from a commercial bank are: a. Checking/Current account b. Savings accounts c. Internet/Mobile Banking d. ATM Cards e. Check Books f. Deposit Accounts g. Loans h. Credit Cards etc.
Overall description of internet banking?
Internet Banking is a facility using which banks provide the facilities for customers to check their balance, make transactions like funds transfer etc. from the comfort of their homes using their computer. The customer would have to login to the banks website using his private credentials and then he can transact in his account.
What are the salient features of Indian banking sector?
The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.
What is commercial bank?
Commercial banks are the regular banks that provide basic banking facilities to its customers. Some of the facilities you can get from a commercial bank are: a. Checking/Current account b. Savings accounts c. internet/Mobile Banking d. ATM Cards e. Check Books f. Deposit Accounts g. Loans h. Credit Cards etc.
What has the author Henry S Terrell written?
Henry S Terrell has written: 'International banking facilities and the Eurodollar market' -- subject(s): Banks and banking, International, Euro-dollar market, International Banks and banking
What kind of security does NAB Internet Banking give?
NAB Internet Banking uses 128-bit SSL encryption technology. This is the current security standard utilized by most banks in connection with their internet banking customers.
What has the author Gopal Karkal written?
Gopal Karkal has written: 'Perspectives in Indian banking' -- subject(s): Banks and banking
What companies offer business internet banking solutions?
Most banks that offer internet banking for customers also have it available for businesses. These banks include the National Bank of Canada, FirstMerit bank and Bank of Montreal.
What has the author Shishir Saxena written?
Shishir Saxena has written: 'Status of the Indian banking industry' -- subject(s): Banks and banking
What are some of the most popular places to do banking on the internet?
Some of the most popular places to do banking on the internet are the big banking institutions. Some of these banks are CIBC, Toronto Dominion, Scotiabank and Royal Bank of Canada.
