A bank is a financial institution which was Authorized by Reserve Bank of India, to receive deposits and make loans. Banks may additionally offer economic offerings inclusive of wealth management, Forex exchange, and secure deposit boxes. They are back bones for our economical growth. There are numerous different kinds of banks: Retail banks, Commercial or Corporate banks, and investment banks.
All the banks which as functioning in India should be Authorized by RBI. Recently Few Govt. banks went in loss, Reserve Bank of India merged those banks following list for the merged banks.
Customers, inclusive of depositors of merging banks may be handled as clients of the banks wherein those banks had been merged with impact from 1 April 2020.
MERGED BANKS
Oriental Bank of Commerce and United Bank of India have merged with — Punjab National Bank (PNB).
State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Hyderabad, and State Bank of Patiala, Bharatiya Mahila Bank have merged with — State Bank of India (SBI).
Andhra Bank and Corporation Bank have merged with — Union Bank of India.
Syndicate Bank have merged with — Canara Bank.
Allahabad Bank have merged with — Indian Bank.
BANKS IN INDIA
https://www.akolajanatabank.com/ ADVERTISEMENT
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https://www.bankofindia.co.in/ ADVERTISEMENT
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https://www.indianbank.in/ |
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https://www.mahanagarbank.net/ ADVERTISEMENT
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https://www.primebankindia.com/ ADVERTISEMENT
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https://www.psbindia.com/ |
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https://www.unionbankofindia.co.in/ ADVERTISEMENT
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INTERNATIONAL BANKS
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