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Is reserve bank of India a commercial bank?

No. Reserve Bank of India is the central bank of India. It is not a regular commercial bank. It supervises and regulates the working and operations of all commercial banks in India. It has been in existence since the British Rule in India.


How can a club open a bank account?

A club can open a bank account by gathering necessary documents such as the club's constitution, identification of club officers, and proof of the club's existence. They can then visit a bank, fill out an application, and provide the required documents to open the account.


Who is chairman of canara bank of India?

Canara bank is one of the largest public sector banks of India that has been in existence for over 100 years. The key people for the bank are:Mr. S Raman - Chairman and Managing DirectorJagdish Pai K L - Executive Director


What are the mergers of bank of Baroda?

Bank of Baroda has been part of various mergers and acquisitions during its long existence. Some of them are: a. 1959 - They acquired Hind Bank b. 1961 - Merged with New Citizen Bank of India, Maharashtra c. 1963 - Acquired New Surat Banking Corporation, Gujarat d. 1964 - Acquired two banks: Umbergaon Peoples Bank in Southern Gujarat and TamilNadu Central Bank in Tamilnadu e. 1998 - Acquired Punjab Cooperative Bank f. 1999 - Merged with Bareilly Corporation Bank g. 2001 - Acquired Benares State Bank


Who is the chairman of Andhra bank?

Mr. R S Reddy is the current chairman and managing director of Andhra Bank. Andhra Bank is one of the large public sector banks in India that has been in existence since 1923. the bank currently has 1371 branches, 66 extension counters, 38 Satellite Offices and 664 ATMs spread over 21 states and 2 Union Territories. They also have an international presence with branches in Dubai, New Jersey (USA), Malaysia etc.

Related Questions

Reserve bank of India came into existence in year?

1949


Is the Bank of New England still in existence?

Yes the bank of England is still in existence. All banknotes issued by it bear the signature of the current chief cashier of the bank of England on the front to the left of the portrait of Queen Elizabeth II our ruling monarch.


Which bank is oldest in India?

The oldest bank in existence in India is the "State Bank of India", a government-owned bank that traces its origins back to June 1806 and that is the largest commercial bank in the country.


Is any Bank Named Nationwide Bank plc in existence in United Kingdom?

I got an email from a bank in the United Kingdom, Nationwide Bank Plc London, where I was informed I spe4eli la my prize I was vqrno


What happen to the national bank act?

Jackson got rid of the national bank because he felt distrust and fear toward it's existence.


Where is the headquarters for Standard Chartered Singapore Bank?

The headquarters for Standard Chartered Singapore Bank is in Singapore. The bank currently has 18 branches throughout the country. It has been in existence since 1859.


President Jackson attempted to do what to the second bank of the US?

He tried to get rid of the bank and he succeeded in blocking the renewal of its charter, thus ending its existence.


Who is governor bank of India?

Bank of India does not have a governor but the Chairman and Managing Director of Bank of India is Mr. Alok Kumar Misra. Bank of India has 3358 branches in India and has been in existence for over 100 years.


Is reserve bank of India a commercial bank?

No. Reserve Bank of India is the central bank of India. It is not a regular commercial bank. It supervises and regulates the working and operations of all commercial banks in India. It has been in existence since the British Rule in India.


Which of these would President James Madison have considered a personal failure?

The continued existence of a national bank


What is the name of the bank that is described in A Tale of Two Cities?

The bank in A Tale of Two Cities is named Tellson's Bank. It is depicted as a traditional and conservative institution that has been in existence for many years.


Do bank tellers make mistakes?

Like any other being in existence bank tellers make mistakes! We're not perfect, neither is anyone else!