Banks of india

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Transcript of Banks of india

Bank of Baroda State Bank Of India Yes Bank Punjab National Bank Indusland Bank

Banks of India

What is Banking ?Banking regulation act of india,1949 defines banking as “accepting for the purpose of lending or of investment of deposit of money from public, repayable on demand or otherwise or withdrawable by cheque, draft order or otherwise. ” .The reserve bank of india act,1934 and the banking regulation act,1949, governs the banking operations in india.

Founded in 20 juLy 1908 (108 years)By SIR SAYAJIRAO GAYAKWADP.S JAYKUMAR is current C.E.OHeadquarters is VADODARA,INDIATotal Asset $113.3 billion(3.58 trillion)

History

1908: maharaja sayajirao gayakwad set up Bank Of Baroda.

1910: established its first branch in Ahemdabad.

1953: establish branch in Mombasa and onother in kampala.

1959: acquired hind bank 1961: merged in new citizen bank

of india

1969: The government of india nationalized bank of baroda

2007: in its centenary year, BOB’s total business coessed 2.09 lakh crores,its branches crossed 1000, and its global customers raised to 29 million peoples

around the globe.

Headquarters

Vadodara, India

Key persons

C.E.O of Bank Of Baroda :- P.S Jaykumar

Chairman & MD(BOB) :- M.D Mallya

Services Apart from loans, deposits, credit card and debit cards, Bank Of Baroda offers other services to make financial dealings easy and convenient Baroda health remittances(baroda money express) collection services ESC(electronic clearing services) government business (PPF,tax collection and saving )

About B.O.B BANK OF BARODA is the third largest bank in india

BANK OF BARODA is ranked 763 In FORBES global 2000 list

BANK OF BARODA has a network of over 3,409 branches and offices, and about 1,657ATMs

Founded in 2 june 1806Chairwomen is smt. Arundhati BhattacharyaHeadquarters in Mumbai, Maharashtra, IndiaNo of Employees is 293,459 Revenue INR 272,871.03 crore (US$41 billion)

History Established in 1806 at culcutta as bank of culcutta It is the oldest bank of Indian sub-continent Re-designed as bank of bengal on 2-january 1809. It was the first join-stock bank of british india.

later on bank of madras,bank of bombay and bank of bengal were amalgamated to Imperial bank of India on 27-january 1991.

it was nationalized on 1995 and was renamed as STATE BANK OF INDIA.

Log-\’o’/

This was the first logo of state bank of india

The banyan tree in logo says that the bank has strong roots and is capable of growing in all direction

This is the current logo of state bank of india This was designed by shekhar kamat, NID, ahemdabad

They say when mr. shekhar was traveling by airplane and Seen kankariya lake, Ahemdabad and from an Ariel view That person got the idea of

headquarters

Headquarters of SBI Mumbai, Maharashtra

Keyperson

Arundhati Bhattacharya

She was the first ever chairperson of SBI

servicesDomestic treasurySBI vishwa yatra foreign travel cardBroking servicesRevised service chargesATM serviceInternet bankingE-payE-railSafe deposit locker

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