and effective banking system in India it cannot have a healthy economy. The banking system of India should not only be hassle free but it should be able to meet new challenges posed by the technology and any other external and internal factors. For the past three decades India's banking system has several outstanding achievements to its credit. The most striking is its extensive reach. It is no longer confined to only metropolitans or cosmopolitans in India. In fact, Indian banking system has reached
manner by the main stream institutional players. India on its part has had relative success in this aspect and is on way in setting an example in implementing effective financial inclusion. The government and the banking sectors have driven a full
“A Study on Banking Sector Reforms in India Opportunity and Challenges) ” Abstract: The economic reforms lead by the Government of India about 2 decades before have changed the landscape of various sectors of the Indian economy. The Indian banking sector is no special case. This sector is going through major changes as a outcome of economic growth. The role of banking industry is very vital as one of the leading and mostly essential service sector. India is the biggest economy in the world
concept of modern banking was first traced in medieval Florence in 1397. A powerful merchant family named Medici established a network of shops that allowed patrons to place money on account and withdraw the money in another city that had a Medici representative. Many affluent families and the Church kept their money in Medici banks. This allowed rich people to travel without taking large sums of money with them, this reduced the risk of robbery while travelling. Banking continued to gain
1.1 Introduction to Banking It is owned by other persons to accept and to protect the money and then make a profit out of the money lending is an activity. 1.1.1Banking industry The banking industry is a service industry. It provides various services to its customers. Traditionally, the services were restricted to deposits and loans. They had surplus money, which take deposits from people and needed money to invest, which began by borrowing this money to borrowers. They are charged interest from
state-owned banking and financial services company headquartered in Vadodara (earlier known as baroda) in Gujarat, India. Its headquarters is in Vadodara, it has a corporate office in the Bandra Kurla complex in Mumbai. Bank of Baroda is one of the big four banks of India, along with ICICI Bank, State Bank Of India and Punjab National Bank. Based on 2014 data, it is ranked 801 on forbes global 2000 list. Bob has total assets in excess of ₹ 3.58 trillion, a network of 5307 branches in india and abroad
BANKING IN INDIA Without a sound and effective banking system in India it cannot have a healthy economy. The banking system of India should not only be hassle free
AN OVERVIEW OF THE BANKING SECTOR For the last three decades India's economic climate has several outstanding successes to its credit score. The most stunning is its comprehensive reach. It is no longer limited to only metropolitans or cosmopolitans in National Indian. In fact, National Indian economic climate has reached even to the remote corners of the nation. The first financial institution in National Indian, though traditional, was recognized in 1786. From 1786 till today, the journey of National
However, the merger waves in India did not follow the same pattern. In India, M&A had a different image till 1991 because of the regulations. But the field of mergers and acquisitions in India has undergone tremendous changes after the economic reforms of 1991. The 1900s witnessed a merger wave- a merger wave that was truly international in scope. After a brief
international markets including the United Kingdom, United Arab Emirates, South and Central Asia, Africa and the Far East. Core area of operations product offerings and services is Retail and Consumer Banking. Habib Bank Ltd has the largest Corporate Banking portfolio in the Pakistan with an active Investment Banking arm. Small Medium Enterprise and Agriculture lending programs and banking services are offered in urban and rural