Which Banks Are Under RBI?

Which banks are in loss?

For instance, Allahabad Bank reported a loss of ₹2,114 crore, Indian Overseas Bank ₹2,253.6 crore and UCO Bank ₹892 crore.

These overshadowed the ₹3,011.73-crore profit of State Bank of India (SBI), Bank of Baroda with ₹736.68 and Punjab National Bank at ₹507 crore..

Is nabard a cooperative bank?

Bank Regulation NABARD supervises State Cooperative Banks (StCBs), District Cooperative Central Banks (DCCBs), and Regional Rural Banks (RRBs) and conducts statutory inspections of these banks.

Is HDFC Bank under RBI?

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104,154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private sector bank by assets….HDFC Bank.TypePublicKey peopleDeepak Parekh (Chairman) Sashidhar Jagdishan (CEO)19 more rows

Which banks are not regulated by RBI?

Which bank is not regulated by RBI?a. State Bank of Sikkim.b. State Bank of Travancore.c. IDBI.d. Axis.State Bank of Sikkim is not regulated by Reserve Bank of India unlike other banks in India. State Bank of Sikkim is a state-owned banking institution headquartered at Gangtok, Sikkim, India.

Who is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Are cooperative banks safe in India?

Co-operative banks are regulated by RBI and by respective state governments and, therefore, oversight procedures frequently fall between two stools. Additionally, co-operative banks have indeed been plagued by weak corporate governance and as such are not as safe as commercial banks.

Which banks are in loss in India 2020?

Bank of India tops the list with a Rs 3,571 crore loss, followed by Canara Bank (Rs 3,259 crore), Union Bank of India (Rs 2,503 crore), Central Bank of India (Rs 1,529 crore), Punjab National Bank (Rs 697 crore), Punjab & Sind Bank (Rs 236 crore) and Indian Bank (Rs 218 crore).

Does cooperative banks come under RBI?

“Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI),” Javadekar said today.

Who is owner of HDFC?

Housing Development Finance CorporationHDFC Bank/Parent organizations

Which is the best bank in India 2020?

Best Public Sector (PSU) Banks in India 2020List of PSU BanksNumber of BranchesNumber of ATMsState Bank of India (SBI)2400058559Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)114378985Bank of Baroda131539583Canara Bank (With Merger of Syndicate Bank)8801103428 more rows

Which bank is in loss in India?

Central Bank of India had reported a net loss of Rs 5,641.48 crore in 2018-19 earlier. “The adjusted (notional) net profit after tax for the year ended March 31, 2019 after taking into account the divergence in provisioning is (-) Rs 6,430.48 crore,” the bank said in a regulatory filing.

Is HDFC Chinese bank?

China’s central bank sold some or all of its stake in India’s largest mortgage lender Housing Development Finance Corp Ltd (HDFC) in the June quarter, stock exchange filings show.

Is HDFC nationalized bank?

Private sector financial players ICICI Bank and HDFC Bank, who are classified as foreign-owned entities, are on the same footing as nationalised banks as the two are incorporated under the Indian laws, DIPP Secretary R P Singh said today.

Who is the CEO of HDFC Bank 2020?

Sashidhar JagdishanMr Puri retired from HDFC Bank at the end of business hours on October 26, upon reaching 70 years of age, in accordance with the tenure approved by the Reserve Bank of India. “Mr. Sashidhar Jagdishan shall take charge as the Managing Director and Chief Executive Officer of the bank with effect from October 27, 2020.

Why cooperative banks are not under RBI?

The RBI has not been able to avoid many bank failures even after regulating and taking complete supervision of them. The Banking Regulation (Amendment) Bill was passed in the Lok Sabha the other day. It replaces the Ordinance 2020 that amended the Banking Regulation Act, 1949 as applicable to cooperative banks.