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


Explore more about Economy of Delhi.