Banking Facility in Delhi
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Banking Facility in Delhi
Banks are an integral part of an every economy. Bank is a financial institution that accepts money in form of deposits from public and lends money in form of loan from that deposits to the public. In other words Bank is an institution that utilizes public money for public. It gives interest to public on its deposits and in return charges interest on the loans disbursed by the bank.
Besides the various nationalized banks in country there are various foreign banks also operating within the country. Various foreign embassies have their banks in different countries the main objective behind the establishment of these banks is that they provide the exchange of foreign money in easy way and moreover they provide the national income to the country also.
The rate of interest paid and charged by banks may vary according to their MoA, i.e, nationalized banks may offer different rate of interest, where as foreign banks may offer different rate of interest depending on the value of currency. There are number of banks located in New Delhi. The list of various government, foreign and private banks is listed below:
Government Banks
Allahabad Bank
Andhra Bank
Bank of Baroda
Bank of Maharashtra
Canara Bank
Central Bank of India
Dena Bank
Indian Overseas Bank
Punjab National Bank
State Bank of India
State Bank of Bikaner & Jaipur
State Bank of Mysore
State Bank of Hyderabad
UCO Bank
United Bank of India
Vijaya Bank
Private Banks
HDFC Bank
ICICI Bank
IDBI Bank
Lord Krishna Bank
Syndicate Bank
Axis Bank
ING Vysya Bank
Indusind Bank
Foreign Banks
ABN AMRO Bank
ANZ Grindlays Bank
Bank Of America
Bank Of Tokyo
Citi Bank
Deutsche Bank
Standard Chartered Bank
Yes Bank
HSBC
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