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Showing posts from June 20, 2023

New current affairs

 🙏🙏Good Morning All.... 🌻💐👩‍👩‍👧‍👦🙏🙏 ☕  20.06.2023 : Today's Banking / Financial News at a Glance  🍒     Bank of Baroda turns second PSU lender to cross Rs 1 trillion in valuation : Bank of Baroda became India's second public sector bank to surpass Rs 1-trillion market cap with the stock hitting a fresh record high. The stock scaled a record Rs 194 a share, up 3 percent from its previous close. State Bank of India is the only Indian PSU lender which has crossed this milestone.The stock is up nearly 20 percent since March 28. The strong gains came after robust earnings in the March quarter as well as for the whole year of FY23. The lender reported its highest quarterly net profit of Rs 4,775 crore in March quarter, recording a 168 percent year-on-year rise. Annually, the bank recorded a profit of Rs 14,110 crore, up 94 percent from Rs 7,272 crore. - moneycontrol. 🍒     PNB Housing Finance gains on 2nd fundraising plan in 3 months : ...

History of banks

 🌐🌐 BANKS IN INDIA 🌐🌐 🧿First bank in India 💠Bank of Hindustan (1770) 🧿First Bank managed by Indians 💠Oudh Commercial Bank 🧿First Bank with Indian capital 💠Punjab National Bank (Founder - Lala Lajpat Rai) 🧿First Foreign Bank in India 💠HSBC 🧿First bank to get ISO certificate 💠Canara Bank 🧿First Indian bank outside India 💠Bank of India 🧿First Bank to introduce ATM 💠HSBC (1987, Mumbai) 🧿First Bank to have joint stock public bank (Oldest) 💠Allahabad Bank 🧿First Universal bank 💠ICICI Bank 🧿First bank to introduce saving account 💠Presidency Bank (1833) 🧿First Bank to introduce Cheque system 💠Bengal Bank (1833) 🧿First bank to give internet banking facility 💠ICICI Bank 🧿First bank to sell mutual funds 💠State Bank of India 🧿First bank to issue credit cards 💠Central Bank of India 🧿First Rural Regional Rural Bank (Grameen Bank) 💠Prathama Bank (sponsored by Syndicate Bank) 🧿First bank to get "in principle" banking license 💠IDFC and Bandhan Bank 🧿First ...