Assam Gramin Vikash Bank
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Assam Gramin Vikash Bank
Assam Gramin Vikash Bank is the only regional rural bank of Assam, India. It is under the ownership of Ministry of Finance , Government of India. The bank was formally launched on 12 January 2006 after amalgamation of Pragjyotish Gaonlia Bank, Lakhimi Gaonlia Bank, Cachar Gramin Bank and Subansiri Gaonlia Bank, which were sponsored by erstwhile United Bank of India now Punjab National Bank. As per Government of India directives for forming of state wise Regional Rural Banks Assam Gramin Vikash Bank was further amalgamated with Langpi Dehangi Rural Bank which was sponsored by State Bank of India to form present Assam Gramin Vikash Bank w.e.f 1 April 2019 without changing of the name of the newly formed entity. Bank structure The bank has three tier structure consisting of one head office at Guwahati, nine regional offices and 473 branches. They are: Nalbari, Golaghat, Lakhimpur, Guwahati, Dibrugarh, Kokrajhar, Silchar, Tezpur and Diphu. Among these offices there are 473 branc ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in ...
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Kokrajhar
Kokrajhar () is a town in the Bodoland Territorial Region, an autonomous territory in Assam, one of the North Eastern states of India. Kokrajhar town is located along the bank of the river Gaurang. The North East Indian Railways divides the city into two divisions, north and the south Kokrajhar. Kokrajhar town is the headquarters of Kokrajhar district and the Bodoland Territorial Council (BTC). Geography Kokrajhar is located at . It has an average elevation of 38 metres (124 feet). Climate Demographics Indian census, Kokrajhar had a population of 31,152. Males constitute 52% of the population and females constitute 48% of the population. Kokrajhar has an average literacy rate of 79%, higher than the national average of 71%: male literacy is 84%, and female literacy is 74%. In Kokrajhar, 10% of the population is under 6 years of age. The district has 3 sub divisions Kokrajhar, Gossaigaon and Basugaon. Language Bengali is the most spoken language at 18,130 ...
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2006 Establishments In Assam
6 (six) is the natural number following 5 and preceding 7. It is a composite number and the smallest perfect number. In mathematics Six is the smallest positive integer which is neither a square number nor a prime number; it is the second smallest composite number, behind 4; its proper divisors are , and . Since 6 equals the sum of its proper divisors, it is a perfect number; 6 is the smallest of the perfect numbers. It is also the smallest Granville number, or \mathcal-perfect number. As a perfect number: *6 is related to the Mersenne prime 3, since . (The next perfect number is 28.) *6 is the only even perfect number that is not the sum of successive odd cubes. *6 is the root of the 6-aliquot tree, and is itself the aliquot sum of only one other number; the square number, . Six is the only number that is both the sum and the product of three consecutive positive numbers. Unrelated to 6's being a perfect number, a Golomb ruler of length 6 is a "perfect ruler". Six is a con ...
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Companies Based In Assam
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ...
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Regional Rural Banks Of India
In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and the environment ( environmental geography). Geographic regions and sub-regions are mostly described by their imprecisely defined, and sometimes transitory boundaries, except in human geography, where jurisdiction areas such as national borders are defined in law. Apart from the global continental regions, there are also hydrospheric and atmospheric regions that cover the oceans, and discrete climates above the land and water masses of the planet. The land and water global regions are divided into subregions geographically bounded by large geological features that influence large-scale ecologies, such as plains and features. As a way of describing spatial areas, the concept of regions is important and widely used among the many branches o ...
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Make In India
Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The policy approach was to create a conducive environment for investments, develop a modern and efficient infrastructure, and open up new sectors for foreign capital. The initiative targeted 25 economic sectors for job creation and skill enhancement, and aimed "to transform India into a global design and manufacturing export hub." "Make in India" had three stated objectives: # to increase the manufacturing sector's growth rate to 12-14% per annum; # to create 100 million additional manufacturing jobs in the economy by 2022; # to ensure that the manufacturing sector's contribution to GDP is increased to 25% by 2022 (later revised to 2025). After the launch, India gave investment commitments worth and investment inquiries worth of between September 2014 to February 20 ...
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List Of Companies Of India
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. In 2019, the Indian economy was the world's fifth largest by nominal GDP and third largest by purchasing power parity. Following market-based economic reforms in 1991, India became one of the fastest-growing major economies and is considered a newly industrialised country. ''For further information on the types of business entities in this country and their abbreviations, see: " Business entities in India".'' Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2020. Only the top ranking firms (if available) are included as a sample. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark tax ...
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List Of Largest Banks
The following are lists of the largest banks in the world, as measured by total assets. By total assets The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks. If JPMorgan Chase reported under the IFRS, it would be ranked 4th on the list , rather than 5th. Banks by country or territory By market capitalization The list is based on Relbanks.com's ranking as at 1 July 2019, where the data are derived from annual reports and financial statements of the companies. See also * List of systemically important banks * List of largest banks in the United States * Li ...
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Indian Financial System Code
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems. Format The IFSC is an 11-character code with the first four alphabetic characters representing the bank name, and the last six characters (usually numeric, but can be alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. Bank IFS Code is used by the NEFT & RTGS systems to route the messages to the destination banks/branches. The format of the IFS Code is shown below. Lists of IFS Codes Bank-wise lists of IFS Codes are available with all the bank-branches participating in inter bank electronic funds transfer. A list of bank-branches participating in NEFT/RTGS and their ...
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit fa ...
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List Of Banks In India
This is the list of banks which are listed as Scheduled Banks (India) under second schedule of RBI Act, 1934. Commercial banks Public Sector Banks (PSBs) There are 12 public sector banks as of 15 November 2021 Private-sector banks At present, there are 21 private banks in India, as of 1 January 2022. Regional Rural Banks (RRBs) There are 43 regional rural banks in India as of 1 November 2020. Foreign banks Foreign banks in India as on July 14, 2020 - Branch/WOS/Representative form of presence as per RBI: Foreign banks operating as wholly owned subsidiary in India List of notable banks which are incorporated outside India and are operating wholly owned subsidiary in India: Foreign banks with branches in India List of notable banks which are incorporated outside India and are operating branches in India: Foreign banks with representative offices List of notable foreign banks with representative offices in India: Small finance banks Payments ban ...
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Banking In India
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. The largest and the oldest bank which is still in existence is the State Bank of India (SBI). It originated and started working as the Bank of Calcutta in mid-June 1806. In 1809, it was renamed as the Bank of Bengal. This was one of the three banks founded by a presidency government, the other two were the Bank of Bombay in 1840 and the Bank of Madras in 1843. The three banks were merged in 1921 to form the Imperial Bank of India, which upon India's independence, became the State Bank of India in 1955. For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India was established in 1935, under the Reserve Bank of India Act, 1934. In 1960, the State Banks of India wa ...
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