Investment
in India - Banking System
Banking System - Banks In India
Public
Sector Banks in India | Private Sector Banks in India |
Cooperative Banks in India |
Regional Rural Banks in India
| Foreign Banks in India |
Upcoming Foreign Banks in India
|
Private banking in India was
practiced since the begining of banking system in India. The first
private bank in India to be set up in Private Sector Banks in India was
IndusInd Bank. It is one of the fastest growing Bank Private Sector
Banks in India. IDBI ranks the tength largest development bank in the
world as Private Banks in India and has promoted a world class
institutions in India.
The first Private Bank in India to receive an in principle approval
from the Reserve Bank of India was Housing Development Finance
Corporation Limited, to set up a bank in the private sector banks in
India as part of the RBI's liberalisation of the Indian Banking
Industry. It was incorporated in August 1994 as HDFC Bank Limited with
registered office in Mumbai and commenced operations as Scheduled
Commercial Bank in January 1995.
ING Vysya, yet another Private Bank of India was incorporated in the
year 1930. Bangalore has a pride of place for having the first branch
inception in the year 1934. With successive years of patronage and
constantly setting new standards in banking, ING Vysya Bank has many
credits to its account.
List of Private Banks in India
|
