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5th Annual Bancassurance Forum 2012


Briefly

January 19, 2012 Bank of America reports fourth quarter 2011 net income of $2 billion, compared with net loss of $1.2 billion in fourth quarter 2010.

January 18, 2012 Goldman Sachs reports net revenues of $28.81 billion and net earnings of $4.44 billion for the year ended December 31, 2011.

January 5, 2012 ZKB, the largest cantonal bank in Switzerland, told US customers it was closing their accounts.

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Directory of Banks and Finance companies

Country: India | Total: 29 | Sort: by alphabet

1

ADCB India is a branch of Abu Dhabi Commercial Bank, one of the leading banks in the United Arab Emirates. The Bank offers a wide range of credit products to corporate clients in India, both large, and small and medium scale enterprises.

2

Allahabad Bank is the oldest Public Sector Bank in India having branches all over India and serving the customers since 1865. Offers wide ranging attractive Deposit Schemes to the Non-Resident Indians. With a tradition of trust towards its customers and customer-oriented employees renders efficient services.

3

American Express India is a part of American Express Corp. (USA). The Company provides an array of attractive services to the business customers, which include Trade and Forex solutions along with Financial Advisory Services, diversified Credit Card, Charge Card and purchasing solutions and Corporate Card Management Tools.

4

Andhra Bank is a full service bank offering savings accounts, current accounts, term deposits, arogyadaan scheme, bancassurance life, bancassurance (non life), Western Union money transfer, national electronic funds transfer, etc.

5

Axis Bank is one of the first private banks in India. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence. International activities of the bank and its clients are supported by membership of Axis Bank in the international payment association SWIFT and through correspondent banks directed practically to the whole world.

6

Bank of Baroda (BoB) is the third largest bank in India. Bank has a network of over 3000 branches and offices, and about 1100 ATMs. Bank of Baroda offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, credit cards and asset management. The bank, along with 13 other major commercial banks of India, was nationalised on 19 July 1969, by the government of India. Total assets: approx. US$664 million.

7

Bank of India (BoI) is a state-owned commercial bank. Government-owned since nationalization in 1969, Bank of India is one of India's leading banks, with about 3,101 branches including 29 branches outside India. BoI is a founder member of SWIFT, which facilitates provision of cost-effective financial processing and communication services. In 2007 Bank of India acquired 76% of Indonesia-based PT Bank Swadesi.

8

Canara Bank is a state-owned financial services company in India. Canara Bank has a strong pan India presence with 3057 branches and over 2000 ATMs, catering to all segments of an ever growing clientele base of over 37.5 million (as of December 2010).

9

Catholic Syrian Bank Ltd. (CSB) is a private sector bank situated in Thrissur city of Kerala state in India. Catholic Syrian Bank has 364 branches, 1 extension counter and over 125 ATMs. Catholic Syrian Bank has a strong presence in rural India and around 80% of the bank’s branches are located in the semi-urban and rural areas of India.

10

The Centurion Bank of Punjab (CBoP) was an Indian private-sector bank. In 2008, the bank merged with HDFC Bank.

11

Nationalised in 1980, Corporation Bank was the forerunner when it came to evolving and adapting to the financial sector reforms. In 1997, it became the Second Public Sector Bank in the country to enter capital market, the IPO of which was over-subscribed by 13 times.

12

Dena Bank provides its customers premier financial services of great value. The company's primary activities consist of loans for small and medium-sized enterprises (SME), deposits in domestic and foreign currencies, including checking accounts, savings accounts, portfolio management, and foreign exchanges.

13

Dhanlaxmi Bank Ltd is an old private sector bank headquartered in Thrissur city, Kerala. The Bank has a full line of personal banking products and services from checking and savings to loans and online banking. As on July 1, 2011, the Bank had a network of about 145 branches in the southern Indian state.

14

The Housing Development Finance Corporation Ltd. (HDFC) was amongst the first to receive an "in principle" approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of "HDFC Bank Limited", with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. HDFC

15

HSBC Bank India is a wholly-owned subsidiary of HSBC Group (United Kingdom), one of the largest banking and financial services organisations in the world. In India, the Bank offers a comprehensive suite of world-class products and services to its corporate and commercial banking clients as also to a fast growing personal banking customer base.

16

ICICI Bank (Industrial Credit and Investment Corporation of India) is the second-largest bank in India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. As on March 31, 2011, the Bank had a network of 2,532 branches and about 6,301 ATMs. Total assets: approx. US$ 89.5 billion (as of March 31, 2011).

17

IDBI Bank (Industrial Development Bank of India Ltd.) is one of the largest commercial banks in India. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. As on March 31, 2011, the Bank had a network of 816 Branches and 1372 ATMs.

18

State-owned bank based in Chennai with offices and correspondent banks worldwide. The Bank has branches in Singapore and Colombo including a Foreign Currency Banking Unit at Colombo, 240 Overseas Correspondent banks in 70 countries.

19

Indian Overseas Bank (IOB) is a major bank based in Chennai with 2018 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified inhouse Information Technology department, which has developed the software that 2018 branches use to provide online banking to customers; the bank has achieved 100% networking status as well as 100% CBS status of branches with a total number of 2018 CBS branchs and Extension Counters. IOB offers internet Banking (E-See Banking) and is one of the banks that the Govt. of India has approved for online payment of taxes.

20

IndusInd Bank is one of the new generation private-sector banks in India, which commenced its operations in 1994. The Bank caters to the needs of both Consumer & Corporate Clients and has a robust technology platform supporting multi–channel delivery capabilities. The Bank enjoys a patronage of 2 million customers and has a network of 209 branches and 427 ATMs spread over 168 geographical locations in 28 states and union territories across the country.

21

National Bank for Agriculture and Rural Development (NABARD) is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas.

22

The National Housing Bank (NHB) is a state owned bank. National Housing Bank was established to promote private real estate acquisition. The NHB is regulating and re-financing social housing programs and other activities like research and IT-initiatives, too. National Housing Bank is a wholly-owned subsidiary of the Reserve Bank of India.

23

Oriental Bank of Commerce (OBC) is one of the public sector banks in India. The Bank operates in four segments: treasury operations, corporate banking, retail banking and other banking business operations. International activities of the bank and its clients are supported by membership of Oriental Bank of Commerce in the international payment association S.W.I.F.T. and through correspondent banks directed practically to the whole world.

24

Punjab National Bank (PNB) is the third largest bank in India. PNB has a banking subsidiary in the UK, as well as branches in Hong Kong, Dubai and Kabul, and representative offices in Almaty, Dubai, Oslo, and Shanghai. Total assets: US$ 67.4 billion (2010).

25

Repco Bank Ltd. is a state-owned bank based in Chennai. The Bank was commenced in the year 1969 by Govt. of India with the main objective of rehabilitating repatriates from Burma and Srilanka. The Schemes are open to all on admission as members of the bank so as to enable the bank serve its main objective effectively.

26

The Reserve Bank of India (RBI) is the central bank of India. The Reserve Bank is wholly owned by the Government of India. The Reserve Bank is the umbrella network for numerous activities, all related to the nation's financial sector, encompassing and extending beyond the functions of a typical central bank.

27

State Bank of India is the largest state-owned banking and financial services company in India, by almost every parameter - revenues, profits, assets, market capitalization, etc. All our branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Our business is more than banking because we touch the lives of people anywhere in many ways.

28

UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc. Net interest income at Rs.1062 crore up by 69.10% in Q3 FY11 (89.94 % rise in 9M FY11).

29

Union Bank of India (UBI) is one of India's largest state-run banks. The Bank is firmly committed to consolidating and maintaining its identity as a leading, innovative commercial Bank, with a proactive approach to the changing needs of the society. UBI has international offices in Abu Dhabi (UAE), Shanghai (PRC) and Sydney (Australia).



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