Validation - Plunger, last 7 days. The evolution of hundis, a type of credit instrument, also occurred during this period and remain in use. Retrieved Bank branches trebled during Reference a b Austin, Granville (1999).
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SBI s exposure in PNB fraud is 212 million - The Hindu
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6 7, in 1960, the State Banks of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act, 1959. During the First World War (19141918) through the end of the Second World War (19391945 and two years thereafter until the independence of India were challenging for Indian banking. Expansion of banking infrastructure edit Physical as well as virtual expansion of banking through mobile banking, internet banking, tele banking, bio-metric and mobile ATMs etc. There are ten 33 small finance banks AU Small Finance Bank Ltd. 8 (Available at: s ) "3.2 million debit cards compromised; SBI, hdfc Bank, icici, YES Bank and Axis worst hit". The exchange banks, mostly owned by Europeans, concentrated on financing foreign trade. 15 Later during the Mauryan period (321185 BCE an instrument called adesha was in use, which was an order on a banker directing him to pay the sum on the note to a third person, which corresponds to the definition of a modern bill.