Banking

A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers that have capital deficits to customers with capital surpluses.[citation needed]

Due to their critical status within the financial system and the economy[citation needed] generally, banks are highly regulated in most countries. Most banks operate under a system known as fractional reserve banking where they hold only a small reserve of the funds deposited and lend out the rest for profit. They are generally subject to minimum capital requirements which are based on an international set of capital standards, known as the Basel Accords.

The oldest bank still in existence is Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472.

The word bank was borrowed in Middle English from Middle French banque, from Old Italian banca, from Old High German banc, bank "bench, counter". Benches were used as desks or exchange counters during the Renaissance by Florentine bankers, who used to make their transactions atop desks covered by green tablecloths.

......................................

Banking  Sites Links
RBI
SBI
Bank of baroda
Icici bank
Allaha bad bank
Bank-of-maharashtra
Global trust bank
Hdfc bank
Idbi bank
Indian-bank
Mysorebank
Pnb India
Punjab and sind bank
vijaya bank
UCO bank
syndicate bank
state bank of indore
Standard chartered
Citi bank
Corp bank
Dena bank
Can bank India
Boi Ind