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Exim Bank

Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution with a mandate to not just enhance exports from India, but also to integrate the country’s foreign trade and investment with the overall economic growth. Exim Bank of India ... Read More »

Small Industries Development Bank of India

SIDBI was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be “the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing industry in the ... Read More »

National Bank for Agriculture and Rural Development

National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters based in Mumbai (Maharashtra) and other branches are all over the country. The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD), set up by the Reserve Bank of India (RBI) under the Chairmanship of Shri B. Sivaraman, conceived and recommended the establishment ... Read More »

Bharatiya Mahila Bank

Bharatiya Mahila Bank Ltd is the first of its kind in the Banking Industry in India formed with a vision of economic empowerment for women. Incorporated under the Companies Act 1956 on 5 August 2013, the Bank received the certificate of commencement of Business on 22 August 2013 and the Banking License from RBI on 25 September 2013. The Bank’s ... Read More »

Vijaya Bank

Vijaya Bank is a medium sized Public Sector Bank with presence across India. It is one of the nationalised banks in India. Vijaya Bank, was established by Shri. Attavar Balakrishna Shetty at Bunts Hostel in Mangalore on October 23, 1931. Since it was established on Vijayadashami Day, it was named ‘Vijaya Bank. The objective was to promote banking habits, thrift and entrepreneurship among the farming community of Dakshina Kannada district in Karnataka State. ... Read More »

United Bank of India

United Bank of India (UBI) is a state-owned financial services company headquartered in Kolkata, West Bengal, India. Presently the bank has a three-tier organizational setup consisting of its Head office in Kolkata, 35 Regional offices and 2001 branches spread all over India. However, its major presence is in eastern India. The bank has three full fledged overseas branches, one each at Kolkata, New Delhi and Mumbai. ... Read More »

Union Bank of India

Union Bank of India (UBI) (BSE: 532477) is one of the largest public sector banks of India (the government owns 55.43% of its share capital). It is listed on the Forbes 2000, and has assets of USD 13.45 billion. All the bank’s branches have been networked with its 4129 ATMs. Its online Telebanking facility are available to all its Core Banking Customers – individual ... Read More »

UCO BANK

Uco Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is one of the oldest and major commercial banks of India. Ghanshyam Das Birla, an eminent Indian industrialist, during the Quit India movement of 1942, had conceived the idea of organising a commercial bank with Indian capital and management, and the United Commercial Bank Limited was incorporated to give shape to that idea. The ... Read More »

The Industrial Finance Corporation of India Limited

At the time of independence in 1947, India’s capital market was relatively underdeveloped. Although there was significant demand for new capital, there was a dearth of providers.Merchant bankers and underwriting firms were almost non-existent. And commercial banks were not equipped to provide long-term industrial finance in any significant manner. Type : PSU Industry : Banking Founded : 1948 Website : www.ifciltd.com  Read More »

Syndicate Bank

Syndicate Bank is one of the oldest and major commercial banks of India. It was founded by T M A Pai, Upendra Pai andVaman Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969, by the Government of India. Type : PSU ... Read More »