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When was Reserve bank of India set up?

It was setup in 1935.


The first foreign bank to open a branch in India?

I Beleive its the General Bank of India which started in 1786


What are the general utility services provided by state bank of India?

utility services providedby state bank of india to its customer


Why was the first national bank established?

The first banks were The General Bank of India, which started in 1786, and BANK OF HINDUSTAN, which started in 1790


Who is Vinay Baijal in Reserve Bank of India?

Chief General Manager of RBI


Why was surat factory setup?

Europeans setup this factory in India because they want permanent stay in India beside trade.


Is bank of India a govt of India undertaking bank?

Bank of India is a Nationalized Public Sector Bank in India with majority stake being held of Government of India


Which bank is called Bankers Bank in India?

the bankers bank in India is RESERVE BANK OF INDIA known as RBI


History of banking in India?

There were many indigenous bankers even during ancient times like the Shroffs, Mahajans, etc. The first bank was The Bank of Hindus than started in 1770 at Calcutta. In 1786, The General Bank of India was started. Three Presidency banks were also started as quasi central banks. The Bank of Calcutta was established in 1806. The Allahabad Bank which exists even today was started in 1865. It is also one of the earliest Joint Stock Bank of India. The first commercial bank in India was the Central Bank of India in 1911.


Which bank has the largest no of branch and ATM in India?

State bank of India


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.


What is the name of the largest bank in India?

The largest bank in India is State Bank of India. State Bank of India is a government bank. The Government of India owns the bank and controls the functioning of the bank. All employees of SBI are considered government employees and they are directly answerable to the government of India.