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What is An Overview of Banking Sector in India about?
A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities. The oldest bank in existence in India is the State bank of India, which originated in the Bank of Calcutta in 1806, which almost immediately became the Bank of Bengal. Scheduled banks are banks which are included in the Second Schedule to the Reserve bank of India Act, 1934. These banks comprise Scheduled Commercial Banks and scheduled Cooperative Banks.
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- Hjhjj Nbvbnvb Kuiiuiu
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- EN