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:
• 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.
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:
[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.
New Banks in Private Sector India
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