List of top four specialised banks of India:- 1. Industrial Development Bank of India 2. Housing Finance Bank 3. EXIM Bank 4. Rural Credit Bank. Specialised Bank # 1. Industrial Development Bank of India: The Industrial bank of India popularly known as IDBI was established as wholly owned subsidiary of RBI. It was set up under the Act of Parliament [...]
List of top four institutional banks that operate in India:- 1. NABARD 2. SIDBI 3. IRBI (Now Known as IIBI) 4. IFCI (Industrial Finance Corporation of India). Institutional Bank # 1. NABARD: The National bank for Agriculture and Rural Development was established in the year of 1982 (12th July 1982) by an Act of Parliament. The NABARD Act 1981 replaced [...]
After reading this article you will learn about:- 1. Meaning of Banking Company 2. Products and Services Offered by Banking Company 3. Forms of Business. Meaning of Banking Company: A Bank is an establishment, office, and a company, which deals in money. A bank receives money in deposit accounts of its customers on certain conditions in different type of deposit [...]