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What is History of Major Indian Banks about?

Banking originated in India in the late 18th century with the establishment of the General Bank of India and Bank of Hindustan. The oldest still existing bank is the State Bank of India, formed in 1806. Banking was dominated by European-owned banks until the early 20th century. Nationalization of banks began post-independence, with the largest 14 commercial banks nationalized in 1969 and 6 more in 1980, bringing about 91% of banking under government control. Banking was liberalized in the 1990s with the ent

Author
顾培正
Language
EN