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- Bank : Basic and Other Concepts (37)
- RBI... (16)
- Apply for For Bank Exams (14)
- NABARD (10)
- Government Banks (6)
- Internal Auditing (6)
- Insurance Overview (5)
Saturday, June 12, 2010
Government Banks in India
Tuesday, June 8, 2010
Indian Banks and Financial Institutions
HSBC - The Hong Kong & Shanghai Banking Corporation Ltd., personal banking etc.
ICICI Bank - the Industrial Credit and Investment Corporation of India.
Indian Bank - state-owned bank based in Chennai.
IndusInd Bank Ltd - leading private sector banking company
Industrial Development Bank of India, IDBI - WAP banking, EMI calculator, NRI services, loans, trade finance, forex, etc
Oriental Bank of Commerce - nationalized bank with merchant banking, NRI services, rural banking
Punjab National Bank (PNB) - NRI services, safety lockers, traveler’s cheques, ATM & telebanking
Reserve Bank of India - Reserve Bank of India is India's central bank.
Standard Chartered - personal banking, credit cards, corporate banking & treasury services
State Bank of Bikaner & Jaipur - profile, performance highlights, international banking, schemes & services
State Bank of India - nationalized bank with rural banking, credit cards, loans & deposit schemes
UCO Bank - public sector bank in India
Axis Bank- official website with profile, activities, news, financials, promoters etc.
Vijaya Bank - official website with bank profile services & schemes etc.
NABARD- Institution and its function, its role in the rural economy and relevant statistics.
IL& FS- India's leading infrastructure development and finance companies
Yes Bank- Bank’s fundamental goal is to be a highly service-oriented Financial Institution.
State Bank Of India
Structure and Organization
The Banks Corporate Office is located at Mumbai. Its domestic operational area is divided into 14 Circles, each with one Local Head Office and a few Zonal and Regional Offices. The Bank is present not just in the major metropolises of India but has wide reach in the villages of India. The Bank's top management consists of the Chairman, group executives for National Banking Group, Corporate Banking Group, International Banking Group and Associates & Subsidiaries, and four staff functionaries in charge of finance, credit, human resources & technology management and inspection & audit.
Three Strategic Business Units (SBUs) under the Corporate Banking Group have been set up by SBI to pay attention to big corporate customers. Distinguishing features of the SBUs are assimilation of operational planning with operations within each SBU, an alert delivery system with suitable specialist inputs and focused attention on profitability.
The staff and functionaries at various levels have been delegated higher financial powers to ensure quicker decision making in credit areas and disposal of a large number of credit proposals at operating units' level. A committee approach has been adopted, both at the apex and circle levels, for sanction of large advances and loans. Keeping this in mind Central Office Credit Committee and Circle Credit Committees have been set up to ultimately ensure faster delivery. Credit and systemic risk processes have thus accordingly been restructured. Simplified and concise credit appraisal formats have been designed to ensure improvement in the quality of credit decisions, better quality of assets and reduction of Non Performing Assets or NPAs.
Transformation In SBI
The SBI has undergone major transformation in the recent years. The bank has ventured into new areas of business like Pension Funds, General Insurance, Custodial Services, Private Equity, Mobile Banking, Point Of Sale, Merchant Acquisition, Advisory Services, and Structured Products etc. The bank forsees tremendous growth potential in all these areas.
The bank has made forays into the rural banking with state of the art technology. The bank has outlaid an ambitious plan to expand rural banking to 100,000 villages in the next few years.
The bank has ambitious plans to focus on the high end market to support India's increasing mid/large Corporate with a wide range of products and services. The bank is consolidating its global treasury operations and diversifying into structured products and derivative instruments. At present SBI provides the largest amount of infrastructure debt and the bank is the largest provider of commercial borrowings in the country.SBI is a Fortune 500 company.
The Bank is in the process of expanding its base overseas. Currently it has 82 offices abroad spread over 32 countries. The seven subsidiaries of SBI are SBI Capital Markets, SBICAP Securities, SBI DFHI, SBI Factors, SBI Life and SBI Cards.
Indian Investment Centre
Direct Foreign Investment
The Indian Investment Centre is the body which is known to generate wider knowledge about conditions, laws, policies, procedures and incentives pertaining to investment and the infrastructural facilities available; and of investment opportunities in India. The Indian Investment Centre functions as a single reference point for foreign investment projects and aids Indian and foreign entrepreneurs in meeting the procedural requirements of project approvals. It also aids them in over-coming bottlenecks, if any, in the process for implementation of the project. It hence informs and assists foreign entrepreneurs on matters pertaining to financial and technical collaborations in India.
The Indian Investment Centre advises foreign investors on setting up industrial projects in India. It provides them information regarding investment environment and opportunities. It also apprises the investors about Government, industrial and foreign investment policies, facilities and incentives taxation laws and assists them in identifying collaborators in India. Overseas the Government body assists Indian companies in discovering source of capital and technology, hence facilitating foreign collaborations. It undertakes promotional work and guides entrepreneurs abroad via diplomatic officers in the external affairs office and other relevant organizations.
Non-Resident Indian Investment
The Indian Investment Centre is the main organization responsible for promoting investment in India by Non Resident Indians (NRIs) and Overseas Corporate Bodies with NRI holdings, providing them lead services. It is functioning as a sole agency for projects with NRI investment and provides all the necessary services for setting up such projects. The Indian Investment Centre apprises them of Government policies and procedures and the services and inducements available to them. The necessary data for the selection of projects is made available to the NRIs and Overseas Corporate bodies. The nodal agency also assists them in obtaining the approval of the Government authorities. The Indian Investment Centre stands on the State Level Review Committees, which monitors the execution of the projects and thus help them in removing complicatedness, if any, in the process of implementation.
Ventures In India
- Foreign Entrepreneurs
- Investment opportunities
- Secretarial assistance
- Location decisions
- Indian Collaborator
- Global scenario
- Technology sourcing
- Capital sourcing
- Foreign collaborator
- Foreign Entrepreneurs
- Technology sourcing
- Indian Collaborator
- Opportunities abroad
- Foreign Collaborator
- The Bank of Tokyo-Mitsubishi Ltd
- ANZ Grind lays Bank
- Oman International Bank
- Korea Institute of Industry and Technology Information
- Hongkong and Shanghai Banking Corporation
- Belgian Corporation for International Investment
- Industrialization Fund for Developing Countries, Denmark
- Sanpaolo Bank, Italy
- Industrial Development Corporation of Trinidad and Tobago
- Singapore Trade Development Board
- Commerzbank Germany
Monday, June 7, 2010
State Bank of India and Associate Banks
in India
State Bank of India and
Associate Banks
1. State Bank of India - Click here
2. State Bank of Bikaner and Jaipur - Click here
3. State Bank of Hyderabad - Click here
4. State Bank of Indore - Click here
5. State Bank of Mysore - Click here
6. State Bank of Patiala - Click here
7. State Bank of Saurashtra - Click here
8. State Bank of Travancore - Click here
Directory of Nationalised Banks in India
Directory of Public Sector
Banks- Links
to all Nationalized Bank:
1. Allahabad Bank - Click here
2. Andhra Bank - Click here
3. Bank of Baroda - Click here
4. Bank of India - Click here
5. Bank of Maharashtra - Click here
6. Canara Bank - Click here
7. Central Bank of India - Click here
8. Corporation Bank - Click here
9. Dena Bank - Click here
10. Indian Bank - Click here
11. Indian Overseas Bank - Click here
12. Oriental Bank of Commerce - Click here
13. Punjab and Sind Bank - Click here
14. Punjab National Bank - Click here
15. Syndicate Bank - Click here
16. UCO Bank - Click here
17. Union Bank of India - Click here
18. United Bank of India - Click here
19. Vijaya Bank - Click here