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Bank Of Rajasthan
The Bank of Rajasthan Ltd ( hi, बैन्क ओफ राजस्थान) () was a private sector bank of India which merged with ICICI Bank in 2010. History It was set up at Udaipur in 1943 with an initial capital of Rs. 10.00 lacs. An eminent industrialist named Seth Shri Govindram Seksaria was the founder chairman and Late Shri Dwarka Prasad Gupta was the first General Manager. It was classified as the Scheduled Bank in 1948. The Bank also established a rural (Gramin) bank Mewar Anchlik Gramin Bank in Udaipur District in Rajasthan on 26 January 1983. The bank's central office is located at Jaipur, although its registered office is in Udaipur. Presently the bank has 463 branches, in 24 states, with 294 of the branches being in Rajasthan. Merger With ICICI Bank RBI was critical of BOR's promoters not reducing their holdings in the company. BOR has been merged with ICICI Bank. ICICI paid Rs. 30 billion for it. Each 118 shares of BOR will be converted into 25 shar ...
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Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the 8th largest stock exchange with an overall market capitalisation in the world with more than ₹276.713 lakh crore, as of January 2022. Unlike countries like the United States where nearly 70% of the country's GDP is derived from large companies in the corporate sector like Apple and Tesla, the corporate sector in India accounts for only 12–14% of the national GDP (as of October 2016). Of these only 7,400 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, which derives most of its income-related activity from the unorganized sector and household spe ...
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Udaipur
Udaipur () (ISO 15919: ''Udayapura''), historically named as Udayapura, is a city and municipal corporation in Udaipur district of the state of Rajasthan, India. It is the administrative headquarter of Udaipur district. It is the historic capital of the kingdom of Mewar in the former Rajputana Agency. It was founded in 1559 by Udai Singh II of the Sisodia clan of Rajput, when he shifted his capital from the city of Chittorgarh to Udaipur after Chittorgarh was besieged by Akbar. It remained as the capital city till 1818 when it became a British princely state, and thereafter the Mewar province became a part of Rajasthan when India gained independence in 1947. The city is located in the southernmost part of Rajasthan, near the Gujarat border. It is surrounded by the Aravali Range, which separates it from the Thar Desert. It is placed almost in the middle of two major Indian metro cities, around 660 km from Delhi and 800 km from Mumbai. Besides, connectivity with Gujar ...
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Capital Markets
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market, though sales to individual ...
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ICICI Bank
ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. This development finance institution has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries. The bank has subsidiaries in the United Kingdom and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China and South Africa; as well as representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany. History The Industrial Credit and Investment Corporation of India (ICICI) was established on 5 January 1955 and Sir Arcot Ramasamy Mudaliar ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ...
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Mewar
Mewar or Mewad is a region in the south-central part of Rajasthan state of India. It includes the present-day districts of Bhilwara, Chittorgarh, Pratapgarh, Rajsamand, Udaipur, Pirawa Tehsil of Jhalawar District of Rajasthan, Neemuch and Mandsaur of Madhya Pradesh and some parts of Gujarat. For centuries, the region was ruled by Rajputs. The princely state of Udaipur emerged as an administrative unit during the period of British East India Company governance in India and remained until the end of the British Raj era. The Mewar region lies between the Aravali Range to the northwest, Ajmer to the north, Gujarat and the Vagad region of Rajasthan to the south, the Malwa region of Madhya Pradesh state to the south and the Hadoti region of Rajasthan to the east. Etymology The word "Mewar" is vernacular form of "Medapata" ( IAST: Medapāṭa), the ancient name of the region. The earliest epigraph that mentions the word "Medapata" is a 996–997 CE (1053 VS) inscription discovered ...
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Rajasthan
Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern side, where it comprises most of the wide and inhospitable Thar Desert (also known as the Great Indian Desert) and shares a border with the Pakistani provinces of Punjab to the northwest and Sindh to the west, along the Sutlej- Indus River valley. It is bordered by five other Indian states: Punjab to the north; Haryana and Uttar Pradesh to the northeast; Madhya Pradesh to the southeast; and Gujarat to the southwest. Its geographical location is 23.3 to 30.12 North latitude and 69.30 to 78.17 East longitude, with the Tropic of Cancer passing through its southernmost tip. Its major features include the ruins of the Indus Valley civilisation at Kalibangan and Balathal, the Dilwara Temples, a Jain pilgrimage site at Rajasthan's only hill stat ...
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Jaipur
Jaipur (; Hindi Language, Hindi: ''Jayapura''), formerly Jeypore, is the List of state and union territory capitals in India, capital and largest city of the Indian States and union territories of India, state of Rajasthan. , the city had a population of 3.1 million, making it the List of cities in India by population, tenth most populous city in the country. Jaipur is also known as the ''Pink City'', due to the dominant colour scheme of its buildings. It is also known as the Paris of India, and C. V. Raman called it the ''Island of Glory''. It is located from the national capital New Delhi. Jaipur was founded in 1727 by the Kachhwaha Rajput ruler Jai Singh II, the ruler of Amer, India, Amer, after whom the city is named. It was one of the earliest planned cities of modern India, designed by Vidyadhar Bhattacharya. During the British Colonial period, the city served as the capital of Jaipur State. After independence in 1947, Jaipur was made the capital of the newly formed s ...
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Economy Of Rajasthan
Rajasthan is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth. The state mines produce gold, silver, sandstone, limestone, marble, rock phosphate, copper and lignite. It is the second-largest producer of cement and contributes one tenth of the salt produced in India. Agriculture Wheat and barley are cultivated in large areas, as are pulses, sugarcane, and oilseeds. Cotton and tobacco are cash crops. Rajasthan is among the largest producers of edible oils in India and the second largest producer of oilseeds. Rajasthan is also the biggest wool-producing state in India. There are mainly two crop seasons Kharif and Rabi. The main source of irrigation is wells and tanks. The Indira Gandhi Canal irrigates northwestern Rajasthan. Rajasthan is the largest producer of rapeseed, bajra, mustard and wool in India and the second largest producer of oilseeds and spices and milk. Rajasthan is third largest producer o ...
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Organisations Based In Udaipur
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, incl ...
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Indian Companies Established In 1943
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ...
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Banks Established In 1943
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 the anc ...
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