India has a total of 27 public sector banks. These include 21 are nationalized banks and 6 are State Bank of India and its associates. With a capital of 500 crore each, the IDBI in the year 2011 and the Bhartiya Mahila Bank in the year 2014 were nationalized. This article brings you the List of Banks, their headquarters, CEO/MD/Chairperson, their logos and tag line to help you have a better grasp at this topic. You can also download Banks and Headquarters – GK Notes in PDF format for future reference.
Why are Banks and Headquarters important?
A bank is a financial institution that accepts deposits from the public and creates credit.
- It also Performs lending activities. The banks perform these lending activities through capital markets, either directly or indirectly. Banks are highly regulated in most countries. This is because of their importance in the financial system and influence on national economies.
- The functioning of a Bank is one of the most complicated of corporate operations. Since Banking involves dealing directly with money, governments in most countries regulate this sector very strictly.
- In India, the regulation traditionally has been very strict.
Questions about Banks, their headquarters, logo, tag lines and who are the bank’s CEO/MD are being asked frequently in all competitive exams. SBI PO, SBI Clerk, IBPS PO, IBPS Clerk, and other banking exams test your knowledge in this above topic. Given below is the list of Banks and Headquarters in alphabetical order to help you score better in this topic.
List of Banks and Headquarters 2019
The below list of Banks and Headquarters includes details such as their Chairperson/MD/CEO, Logos and Tagline of the respective banks.
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