Public banks

1. SEMINAR ON
PUBLIC BANKS

2.  The word of bank is derived from the Italian banca,
which is derived from German and mean bench.
 The term bankrupt and broke is similarly derived from
banca rotta.
 Which refers to an out of business bank, having its
bench physically broken.
 Money lenders in Northern Italy originally did
business in open areas or big open rooms with each
lender working from his own bench or table.

3.  Banking in the modern sense of the word can be traced to
medieval and early Renaissance Italy, to the rich cities in
the north like Florence, Venice and Genoa.
 The Bardi and Peruzzi families dominated banking in
14th century Florence, establishing branches in many
other parts of Europe. Perhaps the most famous Italian
bank was the Medici bank, set up by Giovanni Medici in
1397.
 The earliest known state deposit bank, Banco di San
Giorgio (Bank of St. George), was founded in 1407 at
Genoa, Italy.

4.  All government owned banks fall in this variety.
 Besides the Reserve Bank of India, the State Bank of
India and its associate banks and about 20
nationalized banks, all comprises of the public sector
banks.
 Many of the regional rural banks that are funded by
the government banks can also be clubbed in this
genre.

5.  1. State Bank of India (SBI)
 2. HDFC Bank
 4. ICICI Bank
 5. Punjab National bank(PNB)
 6. UTI Bank (AXIS Bank)
 7. Hongkong & Shanghai Banking Corp(HSBC)
 8. Kotak Mahindra Bank
 9. Sundaram Bank
 10. Oriental Bank of Commerce

6.  Public Sector bank means any Government Sector
Bank/Institute that goes public... means that issues it share
to general public.. It also has a greater share of
government(more than 50%) so that the main motto of
social welfare other than Maximising Profit remains.
 Where as Private Sector Banks are those Banks where the
management is controlled by Private individuals and
Government does not have any say in the management of
these banks. Maximising profit is the basic motto.

7.  •Post offices.
 •Mutual fund
 •Share market
 •Insurance.
 •Money lenders
 •Family and friends

8.  •Banking industry has been undergoing a rapid
transformation. •Banks today are market driven and market
responsive.
 •With the entry of new players and multiple channels,
customers (both corporate and retail) have become more
discerning and less "loyal" to banks.
 This makes it imperative that banks provide best possible
products and services to ensure customer satisfaction.
 •They have been managing a world of information about
customers - their profiles, location, needs, requirements,
cash positions, etc.

9.  •They are focusing on region-specific campaigns rather
than national media campaigns as effective strategy for
a diverse country like India.
 •Customer-centricity also implies increasing investment
in technology.
 •Apart from the Mobile Banking, including of SMS
Banking, Net Banking and ATMs are the major steps
taken by the banks in India towards modernization.

10.  •Demat account
 •Lockers
 •Cash management
 •Insurance product
 •Mutual fund product
 •Loans
 •ECS(Electronic clearance system)
 •Taxes

11.  The State Bank of India, popularly known as SBI, is one of
the leading banks in India. The bank traces its origin to the
first decade of the 19th century. Later on, it was merged
with the Imperial Bank. In the year 1955, the Government
of India nationalized the Imperial Bank along with the
Reserve Bank of India. Ever since that time, the bank
acquired its present name that is SBI.
 The State Bank of India is India's largest commercial bank.
The bank has been striving sincerely to adhere to the efforts
of providing utmost customer satisfaction to the best
possible

12.  Head quarters Mumbai, Maharashtra, India
 Key people O. P. Bhatt(Chairman)
 Products Investment Banking, Consumer Banking,
 Commercial Banking, Retail Banking,
 Private Banking, Asset Management
 Pensions ,Mortgages, Credit Cards
 Revenue ▲ 85,962.07 crore (US$18.65 billion) (2010)
 Profit ▲ 9,166.05 (US$198.9) (2010)
 Total assets ▲ $323.04 billion (2010)
 Total equity ▲ $18.519 billion (2010)
 Owner(s) Government of India