State Bank of Indore was merged with the State Bank of India in August, 2010.

State Bank Subsidiaries were nationalized in 1959.

IRDA (Insurance Regulatory and Development Authority) is an autonomous apex statutory body which regulates and develops the insurance industry in India.

"We understand your world" is the punch line of HDFC.

IDBI Bank Limited is an Indian financial service company headquartered Mumbai, India. RBI categorised IDBI as an other public sector bank.

A soft loan is a loan with a below-market rate of interest.

All of the above persons have served as Governors of RBI.

There are no branches of Heritage Bank in India.

At-the-Money is related to stock market. A situation where an option's strike price is identical to the price of the underlying security. Both call and put options will be simultaneously "at the money." For example, if XYZ stock is trading at 75, then the XYZ 75 call option is at the money and so is the XYZ 75 put option.

C. D. Deshmukh was 1st indian Governor of RBI.

Micro Credit is a small financial loan given to poverty-stricken individuals seeking to start their own business.

Banks do not pay interest on current accounts because the funds of these accounts are not used for lending purpose.

Consumer durable loan is provided by banks for purchase of white goods.

A commercial bank cannot issue currency. It's the function of RBI.

Base rate is decided by every bank separately.