Structure of the organised banking sector in India. Number of banks are in brackets. Banking in India From Wikipedia, the free encyclopedia Banking in India originated in the last decades of the 18th century. The oldest bank in existence in India is the State Bank of India, a government-owned bank that traces its origins back … Read more
The History of JPMorgan Chase & Co. 200 Years of Leadership in Banking Table of Contents 1 2 3 4 5 6 7 8 9 10 11 12 12 13 14 14 15 16 16 This bronze sculpture, A River, is a cast of a famous work created by Jean-Jacques Caffieri in 1759. It depicts … Read more
This role played by the Reserve Bank has continued ever the years. Some of the major landmarks in this regard are: v The introduction of MICRO based cheese processing – a first for the region, during the years 1986-88; v Compensation of branches of banks – an activity which commenced from the late eighties with … Read more
Bank is the financial institution that deals with money and money worth instruments. A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. “A bank is a financial establishment which Uses money deposited by customers for investment, pays it out when required, makes … Read more
At the time of partition, the total number of commercial banks was 38, out of these: the Pakistan banks were 2; Indian banks 29 while the exchange & the total deposits of Pakistan banks stood at Rs. 880 million whereas the advances were Rs. 198 million. Before the partition of sub-continent, the entire banking business was … Read more
BOP http://www. scribd. com/doc/13314549/Internship-Report-of-Nhttp://www. scribd. com/doc/13314549/Internship-Report-of-NBPBPhttp://www. scribd. com/doc/13314549/Internship-Report-oExecutive Summary BANKING HISTORY The first banks were probably the religious temples of the ancient world, and were probably established in the third millennium B. C. Banks probably predated the invention of money. Deposits initially consisted of grain and later other goods including cattle, agricultural implements, and eventually … Read more
Chapter 1 straits settlements-The beginning The roots of banking in Malaysia can traced back to the existence of the British merchant communities in Penang and Singapura dating back to the 19th century when what was known as the Straits Settlement, a standalone British colony encompassing Penang,Singapura and Melaka was established in 1867. Penang’s strategic location … Read more