Public Sector Banks in India

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Banks in India

Public Sector Banks in India

The Banking scenario in India has considerably changed if the last decade is considered. The width and depth of financial system in India has improved. The new technology has also added to the improvement and has made banking transactions just a click away. Nationalised or Public Sector Banks earlier being quite reluctant to the acceptance of this change have now succeeded by making a rapid makeover and concentrating more on a customer centric policy. [… Next …]

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Banks in India

Dena Bank

Dena Bank is a pulic Sector Bank, and it was founded by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It found its new name Dena Bank Ltd. when it was incorporated as a Public Company in Dec 1939. Dena Bank was nationalised in 1969 along with 13 other banks in India. It is one of the earliest Banks in India. Dena bank head office is located in Mumbai has a network of 1122 branches spread all over the country. The bank has a network of 295 ATM all across India. [… Next …]

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Banks in India

Andhra Bank

Andhra Bank was registered on 20 November 1923 and commenced business on 28 November 1923 with a paid up capital of Rs.1 lakh and an authorised capital of Rs 10 lakhs. The Bank crossed many milestones and the Bank’s Total Business as on 30.06.2008 stood at Rs.83,256 Crores with a Clientele base over 1.74 Crores. Thus Andhra Bank accords utmost concern to customer satisfaction by offering innovative and need based financial products and services using state of the art technology. [… Next …]