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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

Indian Overseas Bank

Indian Overseas Bank (IOB) is a major bank based in Chennai Madras State. The Banks has 2018 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified inhouse Information Technology department, which has developed the software that 2018 branches use to provide online banking to their customer. The bank has achieved 100% networking status as well as 100% CBS status of branches with a total number of 2018 CBS branchs and Extension Counters. [… Next …]

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Banks in India

United Bank of India

United Bank of India (UBI) is a state-owned financial services company headquartered in Kolkata City India. Presently the bank has a three-tier organizational setup consisting of its Head office in Kolkata. It has 31 Regional offices and 1600 branches spread all over India. However, its major presence is in eastern India. Due to a common acronym (UBI), which it shares with Union Bank of India, which also has an all-India presence, the public sometimes confuses the two banks. [… Next …]

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Banks in India

Punjab & Sind Bank

Punjab and Sind Bank (P&SB) is a major Public Sector bank in Northern India. PSB Bank Of its almost 1000 branches and offices spread throughout India and almost 400 are in Punjab state, though the bank’s corporate headquarters is in New Delhi. On 15 April 1980 Punjab and Sind Bank was among six banks that the Government of India nationalized in the second wave of nationalizations. [… Next …]

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Banks in India

Oriental Bank of Commerce

Oriental Bank of Commerce is an India-based bank in Lahore. The Company operates in four segments – treasury operations, corporate or wholesale banking, retail banking and other banking business operations. The bank offers features such as internet banking, phone banking NRI banking etc. However, it does not allow online banking access from outside India. [… Next …]

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Banks in India

Syndicate Bank

Syndicate Bank Ltd. is one of the oldest and major commercial banks of India. At the time of its establishment the bank was known as the Canara Industrial and Banking Syndicate Limited. The Syndicate Bank along with 13 major commercial banks of India, was also nationalized on 19 July 1969 by the Government of India. [… Next …]