competition Examination Important Topics

Axis Bank established in 1993 was the first of the new private banks to have begun operations in 1994 after the Government of India allowed new private banks to be established.Axis Bank Ltd. has been promoted by the largest and the best Financial Institution of the country, UTI. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence. Axis bank, formerly known as United Trust of India (UTI) Bank, was the first of the new private banks to begin operations in 1994, after the Government of India allowed private banks to be established. AXIS Bank is one of the fastest growing banks in private sector.         The Bank operated into equity funds, trading operations, foreign exchange, retail banking, card services, Internet banking, automated tel...

ICICI ( The Industrial Credit and Investment Corporation of India Limited) Website:  www.icicibank.com Chairperson  - M K Sharma MD  - Chanda Kochhar Directors  - Rajiv Sabharwal, K Ramkumar, NS Kannan, Alok Tandon, V Sridar, V K Sharma, Tushaar Shah, M S Ramachandran, Homi Khusrokhan, Dileep Choksi The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative of the World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. Mr.A.Ramaswami Mudaliar elected as the first Chairman of ICICI Limited. ICICI emerges as the major source of foreign currency loans to Indian industry. Besides funding from the World Bank and other multi-lateral agencies, ICICI was also among the first Indian companies to raise funds from international markets. ICICI Ban...