Banking system in India is monitored by an agency called RBI. RBI grants licenses to new banks after consulting it with government agencies.
commercial bank system
1885
E-banking in India dates back to the 1980s and was established to allow people to access a banking system using a telephone line. It started with basic services and grew from there. It's estimated that over 21 million people in India now use e-banking services.
Cashnet is a internet banking company based in India. They specialize in ATM's and the banking system for them is useful to those in India allowing its use for those outside the country to use if vactioning.
1) Reserve Bank of India for banking and non banking sector. 2) Insurance Regulatory and Development Authority for insurance sector. 3) Security & Exchange Board of India for stocks, shares,debentures of listed cos.
It is where, in india, you invest in banks.
1. The whole banking system was thrown into confusion. 2. The more complex the banking system, the more difficult it is to do this. 3. A sound banking system matched to new banking needs. 4. The international banking system began to crack. 5. The regulatory structure for the banking system is almost entirely pro-cyclical.
merchant banking example
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You can go for the DBS bank. It provides personal banking in India and are operated in 12 cities of India.
Most banks in India offer branch free banking or core banking. If you have an account with the bank you can operate it in any of the bank's branches. This may attract charges as applicable but you can operate it anywhere. There are also some smaller banks that offer only branch specific banking. you will not be able to operate those accounts anywhere else. Almost all banks have migrated or are migrating to core banking.
Dear Sir/Madam, I want to project on Rural Banking in India. Pls help me.