which bank started its business as a banking company from Oct 1 2004?
Answers
Explanation:
October 01, 2004. Merger of United Western Bank with IDBI Ltd. The United Western Bank Ltd.
hope it's helpful to you
Which bank started its business as a banking company from Oct 1 2004?
IDBI is the bank started its business as a banking company from , 1 October 2004.
Explanation :
IDBI Bank was established on 1 October 2004 as a pure bank. Earlier IDBI was a financial institution, which acted as a financial institution in the industry sector as a DFI.
IDBI Bank was functioning as an apex financial institution in the field of industry from 1 July 1964 to 30 September 2004 before converting into banking business. The name of this financial institution was DFI.
IDBI Bank is the leading bank in the list of multinational banks. IDBI is a leading bank in India. It is one of the major public sector banks in India. By the Reserve Bank of India, this bank has been kept in the category of other sector banks instead of being a pure government bank.
The full form of IDBE Bank is the 'Industrial Development Bank of India'.
#SPJ3
——————————————————————————————————————
Know something more :
The first banknotes were of made of...?
i. deerskin
ii. sheepskin
iii. horsehide
https://brainly.in/question/33554057?msp_srt_exp=6
Demand drafts and Telegraphic transfers are
shown in the Bank accounts under the head
(a) Contingent Liabilities
(b) Bills payable
(c) Loans and Advances
(d) Borrowings in India
https://brainly.in/question/30955241