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Why a bank is called a bank?
If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
Why Central Bank is called A Pex Bank?
If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
How much time state bank of India takes to clear a Cheque which is in dollars?
It can take more than a month
How much rupees India have in swiz bank?
2crore
How much salary of bank peon in India?
10000
How much govt holds stake in public sector?
A public sector bank in India is a bank that is fully or majorly owned by the government of India. The government in most cases owns 100% rights in the bank in some cases atleast 80% or more stake in the bank thereby making them a public sector or government owned bank.
How much money did India borrow from world bank?
$500billion
How much money India paid to world bank?
India $48,663,320,000.00 stood 3rd in place
How much loan did India taken from world bank?
1 Rs
What are the details of bank mergers in India?
There were two recent bank mergers in India. They are:Industrial Development Bank of India and its own subsidiary IDBI Bank merged into one entityCenturion Bank and Bank of Punjab merged with one another to form Centurion Bank of PunjabCenturion Bank of Punjab merged with HDFC Bank and the entity together was called HDFC Bank because HDFC bank was a much larger entity than CBoP
How much does the government of India owns the state bank of India?
Goverments Share: 51% Public Shares: 49%
How much loan INDIA has taken from world bank till date?
170000000000
