21 February 2025
BY VISHNU CHAUDHARY
Role: The central bank of India, responsible for regulating monetary policy and maintaining financial stability. Impact: Manages inflation, oversees currency, and regulates the banking sector.
Role: The oldest stock exchange in Asia, facilitating the trading of equities and securities. Impact: Assists businesses in raising capital and enhances market liquidity.
Role: The largest stock exchange in India, equipped with advanced electronic trading systems. Impact: Promotes efficient trading of stocks, derivatives, and contributes to financial growth.
Role: The largest public sector bank in India, offering a wide range of banking solutions. Impact: Plays a crucial role in corporate, retail, and rural banking sectors.
Role: The largest private bank in India, providing comprehensive banking and financial services. Impact: Leads in areas such as digital banking, home loans, and wealth management.
Role: A prominent private sector bank known for its innovative financial products. Impact: Has been at the forefront of technology-driven banking and corporate financing.
A significant private bank that offers both retail and corporate banking solutions. Impact: Provides support to MSMEs, startups, and engages in global banking operations.
Role: A rapidly expanding private bank recognized for its robust investment banking services. Impact: A key player in wealth management and lending activities.
Role: A reputable public sector bank that facilitates large-scale financial operations. Impact: Promotes financial inclusion through its global banking services.
Role: Originally established as an industrial development bank, now operates as a full-service commercial bank. Impact: Aids in business funding, project financing, and infrastructure development.