In 1960, the State Banks of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act, 1959. These are n...
mention usury. Also, during this period
The Vedas (2000-1400 BCE) are earliest Indian texts to mention the concept of usury. The word kusidin is translated as usurer. The Sutras (700-100 BCE) and...
The Indian banking sector is broadly
The Indian banking sector is broadly classified into scheduled banks and non-scheduled banks. The scheduled banks are those which are included under the 2nd ...
The largest bank, and the oldest still in existence
The largest bank, and the oldest still in existence, is the State Bank of India. It originated as the Bank of Calcutta in June 1806. In 1809, it was renamed ...
If the government, the majority stake
"The government is considering our proposed plan to share 3-5% profit with employees on an incentive basis," said Ashwini Mehra, deputy managing director and c...
You have between 3-8 years to complete the programme
You have between 3-8 years to complete the programme (or a minimum of 2 years on the Graduate Entry Route). Fees are payable as you progress rather than as a s...
The Reserve Bank proposal to move to marginal
The Reserve Bank proposal to move to marginal cost-based pricing could be an interim measure to prepare banks to ultimately move to market related benchmarks t...
