01-01-2018, 04:43 PM
Regional Rural Banks (R.R.B)
*Regional Rural Banks were established on 2nd October 1975.
*Developing rural economy by providing credit and deposit facilities for agriculture and other productive activities of all kinds in rural area is the main objective of Regional Rural Banks. First Regional Rural Bank is started in Moradabad (UP).
*R.R.B. was setup under the recommendation of Narasimham Committee.
*Uttar Pradesh has the most number of Regional Rural Banks in India.
*Kerala Gramm Bank(2013) is the Regional Rural Bank in Kerala. Its headquarters is in Malappuram, Kerala Grameen Bank is the largest Regional Rural Bank in India.
*Kerala Gramin Bank was formed by merging North Malabar Gramin Bank and South Malabar Gramin Bank.
*Two states without RRB are Sikkim and Goa.
Industrial Credit and Investment Corporation of India
*ICICI bank is the largest private sector bank in India.
*The parent company of ICICI bank was formed in 1955 as a joint-venture of world bank, but ICICI bank was established in 1994.
*The bank known as ‘first universal Bank in the country’
Ans : ICICI Bank
*The first bank started internet facility
Ans : ICICI
*ICICI bank launched internet banking operations in 1998.
*It is the first bank in India listed New york Stock Exchange.
*ICICI is the second largest bank in India in terms of assets and market capitalization.
Punjab National Bank
*Founder of Punjab National Bank is Lala
Ans : Lajpat Rai.
*Headquarters of Punjab National Bank is in NeW Delhi.
*Punjab National Bank was registered on 19th May 1894 under the Indian companies act.
*‘Maha Bachat Scheme’ was started by Punjab National Bank.
*Punjab National Bank has started its first ‘Micro finance branch’ in New’Delhi.
*First bank to introduced voluntary retirement scheme(VRS) in India
Ans : Punjab National Bank
