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Full forms of famous banks of India
icici- industrial credit and investment corporation of india
sbi - state bank of india
idbi - industrial development ban k of india
nabard- national bank for agriculture and rural development
hdfc - housing development finance corporation
hsbc - hongkong and shanghai bank corporation
ifci - industrial finance corporation of india
icfai - institute of chartered financial analysts of india
pnb- punjab national bank
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What is a government owned bank?
A Government owned bank is one that is fully owned by the national government. They are also called Nationalized Banks or Public Banks. For ex: State Bank of India, Indian Bank, Indian Overseas Bank are all famous nationalized/government owned banks in India.
Credit policies of the bank?
All banks have different policies, please read the disclosures in the forms that you have signed when opening any type of an account
Who decide the base rate of banks in India?
The Reserve Bank of India (RBI) decides the base rate of banks in India. All banks that operate within the borders of the indian nation, have to abide by the base rates. The RBI sets these rates in accordance to the economic policies of the country.
What is modified MPBF system in Indian context?
MPBF stands for Maximum Permissible Banking Finance in Indian Banking Sector. MPBF guidelines were suggested in Tandon commettee which were being followed by Indian Banks with lot of stringency. Corporates faced lot of problem in getting Finance from banks on account of stringency of the norms and they had to resort to other sources of finance at a higher cost these norms were dissolved. Consequently SBI, India's largest bank came out with its own guidelines which were on the similar lines but with relaxed norms which are being followed by all banks with slight personalisation and referred to as modified MPBF System in Indian context.
Are all the banks owned by the government?
No. The US government has a minority ownership in some, but not all banks. Most banks have no government ownership.
All banks names in India and full forms?
There are a total of 67 registered commercial banks in India. Apart from these, there are also 11 Urban Cooperative Banks and 32 Rural or Grameen Banks in India. The whole list with names and full forms can be found in the link in the Related Links section
What are the problems faced by Indian banks?
Similar to those face by all other banks
What is full form of all Indian bank?
IB
What is a government owned bank?
A Government owned bank is one that is fully owned by the national government. They are also called Nationalized Banks or Public Banks. For ex: State Bank of India, Indian Bank, Indian Overseas Bank are all famous nationalized/government owned banks in India.
What is full form INS in Navy?
The full form of INS in the NAVY is "Indian Naval Ship" or "Indian Naval Submarine". It is a term used as a prefix before all active ships and submarines in the Indian NAVY.
How do Indian's travel today?
This question depends on 'which' Indians you mean. North American Indians? India Indians? etc. Native American's travel by: Air, ground and water (all forms of transportation). Indian's (from India) travel by: Air, ground and water (all forms of transportation).
Credit policies of the bank?
All banks have different policies, please read the disclosures in the forms that you have signed when opening any type of an account
Are all Indian scorpions deadliest to human?
all scorpions are deadly cause they have the thing in their tail which is full of venom and poison
Who decide the base rate of banks in India?
The Reserve Bank of India (RBI) decides the base rate of banks in India. All banks that operate within the borders of the indian nation, have to abide by the base rates. The RBI sets these rates in accordance to the economic policies of the country.
Who is the present captain of indian cricket team?
Mahindra Singh Dhoni, He is the current serving captain of the Indian cricket in all forms of international cricket
What kind of banks available in India?
There are numerous banks in India. By category, their numbers are as follows:Registered Commerical Banks - 67Rural or Grameen Banks - 32Urban Co-operative Banks - 11The full list of the bank names can be found in the link in the related links section of this answer
How many banks were nationalised in India in 1969?
In the year 1980, the second phase of nationalisation of Indian banks took place, in which 7 more banks were nationalised with deposits over 200 crores. With this, the Government of India held a control over 91% of the banking industry in India.
