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Citibank

Wednesday, February 10th, 2010 144 views

Citibank is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. As of June 2009, Citigroup is the third largest bank holding company in the United States by total assets.
Citibank has retail banking operations in [...]

Posted in Banking | No Reviews »

Hongkong & Shanghai Banking Corporation Ltd (HSBC)

Friday, May 1st, 2009 97 views

HSBC Holdings plc is a public limited company incorporated in England and Wales in 1990, and headquartered in London since 1993. As of 2009, it is both the world’s largest banking group and the world’s 6th largest company according to a composite measure by Forbes magazine. The group was founded from The Hongkong and Shanghai [...]

Posted in Banking | 2 Reviews »

State Bank of India

Friday, April 3rd, 2009 62 views

State Bank of India (SBI) is India’s largest commercial bank. SBI has a vast domestic network of over 9000 branches (approximately 14% of all bank branches) and commands one-fifth of deposits and loans of all scheduled commercial banks in India.
The State Bank Group includes a network of eight banking subsidiaries and several non-banking subsidiaries offering [...]

Posted in Banking | No Reviews »

HDFC Bank

Saturday, March 7th, 2009 72 views

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI’s liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the [...]

Posted in Banking | No Reviews »

Allahabad Bank

Monday, March 2nd, 2009 86 views

Allahabad Bank is the oldest public sector bank in India. It was set up in 1865 by a group of Europeans with a seed capital of Rs 2 lakhs. By the end of 19th century, the bank had branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Kolkata and Delhi.
In 1920, Allahabad bank was taken over by [...]

Posted in Banking | No Reviews »

Kotak Mahindra Bank

Friday, February 27th, 2009 308 views

Established in 1985, The Kotak Mahindra group has long been one of India’s most reputed financial organizations. In February 2003, Kotak Mahindra Finance Ltd, the group’s flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). This approval creates banking history since Kotak Mahindra Finance Ltd. is [...]

Posted in Banking | 2 Reviews »

ICICI Bank

Friday, November 28th, 2008 59 views

ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI’s shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000, ICICI [...]

Posted in Banking | No Reviews »

Vijaya Bank

Friday, November 28th, 2008 61 views

Vijaya Bank, was founded on 23rd October 1931 by late Shri A.B.Shetty and other enterprising farmers in Mangalore, Karnataka. The objective of the founders was essentially to promote banking habit, thrift and enterpreneurship among the farming community of Dakshina Kannada district in Karnataka State. The bank became a scheduled bank in 1958.
Vijaya Bank steadily grew [...]

Posted in Banking | 1 Review »

Axis Bank

Friday, November 28th, 2008 88 views

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI – I), Life Insurance Corporation of India (LIC) [...]

Posted in Banking | 1 Review »

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