lead bank scheme was started in 2003 after Rangrajan comitee reportrange
1969 ,,
If you are asking about the Lead bank in India that controls the banking operations in India - Then it is Reserve Bank of India (RBI) If you are asking about the Lead Bank in India that provides banking services to end customers, the bank with most branches, customers and ATMs - Then it is State Bank of India (SBI)
Union Bank of India
State Bank of India..
It refers to scheme under which one of the commercial banks act as a lead bank and coordinates the activites of another financial institutions like cooperative banks for efficent functioning and rapid development at district level
It refers to scheme under which ,one of the commercial banks(like SBI,Axis,ICICI) act as a lead bank and coordinates the activities of another financial institutions like cooperatives banks for efficient functioning and rapid development at district level.
Awadh Bihari Prasad Singh has written: 'Lead bank scheme' -- subject(s): Banks and banking
Communism never ended, it's still being introduced in countries like Nepal, India, Cyprus, and Venezuela.
It refers to scheme under which ,one of the commercial banks(like SBI,Axis,ICICI) act as a lead bank and coordinates the activities of another financial institutions like cooperatives banks for efficient functioning and rapid development at district level.
In the early days after independence, India was under immense financial hardships. Peoples savings were drained out and citizens were unable to lead a normal life. Since banks were the lifeblood of the economy, the government felt that nationalizing banks would instill the faith in the banking system that was required to revive the economy. Hence they nationalized the nation's banks. State Bank of India is the largest bank in India and it is a nationalized bank.
BANK OF BARODA is the lead bank of kanpur dehat & kanpur city
Bank of India was found in the year 1906 in Bombay, India. They created it with a capital of Rs. 1 crore divided into 100,000 shares of Rs. 100 each. The founders placed 55,000 shares privately and sold the remaining 45,000 shares to the public by means of an IPO in October 1906. The bank commenced its operations on 1st November 1906. Sir Sassoon J. David was the lead promoter of the bank.