Sunday, November 19, 2017

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New Banks in Private Sector India

New Banks in Private Sector India

In the year 2000, the government of India related entry level for private sector by reducing the government holding in nationalised banks from 51% to 33%. The RBI in 2003 thereby issued directions for establishment of private banks in India. Some of the new banks in private sector as follows:

finance
[Post Image Courtesy of Stuart Miles at FreeDigitalPhotos.net]

• UTI Bank Ltd.

• Indus Ind Bank Ltd.

• ICICI Bank Ltd.

• Global Trust Bank Ltd.

• HDFC Bank Ltd.

• Centurian Bank Ltd.

• Bank of Punjab Ltd.

• Times Bank Ltd.

• IDBI Bank Ltd.

• Development Credit Bank Ltd.

• Kotak Mahindra Bank Ltd.

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