Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
SlideShare a Scribd company logo

Private banks & Public banks

•Download as PPTX, PDF•
•
Sachin Raj
Sachin Raj

Public sector banks are owned by the government, while private sector banks are owned by private individuals or groups. Interest rates are typically lower for public sector banks compared to private sector banks. Public sector banks are considered more secure since they are run by the government of India, while there is a higher risk of fraud with private banks. Private banks can make business decisions and launch new products/services more quickly than public sector banks which require government approval.

Related slideshows

Sbi PPT
Sbi PPTSbi PPT
Sbi PPT
 
Financial inclusion
Financial inclusionFinancial inclusion
Financial inclusion
 
Co operative banking in india
Co operative banking in indiaCo operative banking in india
Co operative banking in india
 
1 of 53
PRIVATE & PUBLIC BANKS
Public sector banks are banks in which the government has a major holding Not less than 51% of the paid-up share capital will be held by the Central Govt. All nationalised banks are PSB’s. These can be classified into two groups: (I) the State Bank of India and its associates and (ii) nationalised banks PUBLIC SECTOR BANKS
LIST OF NATIONALISED BANKS
Private banks & Public banks
Private banks & Public banks
DOMESTIC TREASURY BROKING SERVICES REVISED SERVICE CHARGES ATM SERVICES INTERNET BANKING facilities provided by sbi:
STATE BANK MOBICASH (State Bank MobiCash is a prepaid account on mobile offering facilities like fund transfer, mobile/ DTH recharge, bill payment, balance enquiry and mini statement)
E - pAY RBIEFT (Inter-bank Electronic Funds Transfer facility of the Reserve Bank of India (RBI - EFT)
SAFE DEPOSIT LOCKER MICR CODES (In MICR technology the information is printed on the instrument with a special type of ink which is made up of magnetic material. On insertion of the instrument in the machine, the printed information is read by the machine. MICR system is beneficial as it minimizes chances of error, clearing of cheques becomes easy and transfer of funds becomes faster in order to facilitate operations.) FOREIGN INWARD REMITTANCES (the purchase and sale of freely convertible foreign currencies as admissible under Exchange Control Regulations of the country)
Private banks & Public banks
Private banks & Public banks
Private banks & Public banks
CANARA BANK
Canara bank is founded as Canara bank hindu permanent fund in 1906 by late shri Ammembal subba rao pai.
1. To remove superstition and ignorance. 2. To spread education among all to sub serve the first principle.
To inculcate the habit of thrift and savings. To assist the needy. To work with sense of service and dedication.
PERSONAL BANKING NRI BANKING CORPORATE BANKING
INTERNET BANKING PRIORITY AND SMS BANKING.
CANARA BANK PERSONAL loan provided only to an existing canara bank customer. It is possible to secure a loan even without having to visit your bank branch if you have been an canara bank customer for the past a month you might have a pre – approved loan offer waiting for you.
They offer unbeatable benefits to ensure that you get the best deal without any hassles Canara bank offers you the most convenient home loan plans to suit your needs with so many attractive features in every type of home loan they offer.
Education loan are offer to meritorious student for studies in india or abroad. The loan is given out to students admitted to institute and college approved by the bank. The loan covers fee for all years. Which is normally disbursed to the college/ institute directly by the bank. The loan also covers most of the boarding and lodging expenses.
Private banks & Public banks
Private banks & Public banks
AXIS BANK
The third largest private sector bank in India. Offers financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. Axis Bank has its headquarters in Mumbai, Maharashtra.
Treasury operations: The Bank’s treasury operation services include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the account, and for customers and central funding.[3] Retail banking: In the retail banking category, the bank offers services such as lending to individuals/small businesses subject to the orientation, product and granularity criterion, along with liability products, card services, Internet banking, automated teller machines (ATM) services Corporate/wholesale banking: The Bank offers to corporate and other organisations services including corporate relationship not included under retail banking, corporate advisory services, placements and syndication, management of public issues,
NRI services: Products and services for NRIs that facilitate investments in India Business banking: The Bank accepts income and other direct taxes through its 214 authorised branches at 137 locations and central excise and service taxes (including e-Payments) through 56 authorised branches at 14 locations. Investment banking: Bank’s Investment Banking business comprises activities related to Equity Capital Markets, Mergers and Acquisitions and Private Equity Advisory. The bank is a SEBI-registered Category I Merchant Banker and has been active in advising Indian companies in raising equity
Lending to small and medium enterprises: Axis Bank SME business is segmented in three groups: Small Enterprises, Medium Enterprises and Supply Chain Finance. Under the Small Business Group a subgroup for financing micro enterprises is also set up. Agriculture banking: 759 branches of the Bank provide banking services, including agricultural loans, to farmers.[3] As on 31 March 2013, the Bank’s outstanding loans in the agricultural sector was INR 148 billion, constituting 7.5% of its total advances.[3] Axis Bank launched Mobile Banking App 2.0 for its retail resident Indian customers the first of its kind in India, which offers a high level of personalization .
credit card axis bank axis bank atm facilities axis bank locker facility
axis bank overdraft facility axis bank sms facility ecs facility in axis bank
axis bank car d offers axis bank flig ht offers axis bank ato z offers axis bank rec harge offers
Private banks & Public banks
FEATURES
Indian multinational banking and financial services company . Second largest bank in India by assets and market capitalization. The bank had a network of 3539 branches and 11,162 Atms in India.
Flexible recurring deposit allows a customer to deposit any amount at any point of time. Customers also have an option of depositing money by giving a standing instructions. Customers can earn recurring deposit interest rates on their iWish account.
Customers can choose to share their wishes on Facebook and let their friends and family be part of their dreams. iWish gives an opportunity to the family and friends of a customer to contribute and help him attain his aspirations faster. ICICI bank assists in the creation , expansion and modernization of private concerns.
ICICI bank encourage the participation of internal and external capital in the private concerns. It encourage private ownership of industrial investment. It provides long –term and medium term loans in rupees and foreign currencies.
FEATURES
Private banks & Public banks
Private banks & Public banks
{MEANING}A public sector bank is a bank that is operated through institutions owned by the people through their representative governments.Private sector banks are owned by the private lenders. {INTEREST RATE}Interest rate of public banks is less. Interest rate of private banks is higher. {SECURITY}Public banks are highly secured as they are run by the govt. of India. Private Banks are less secured. There are chances of getting fraud.
FLEXIBLITY}The private banks are known for being well equipped with all kinds of contemporary tools and techniques. And always try to be updated with environmental changes. Public banks are not completely well equipped as compared to private banks. But day by day public banks also starting adapting changes with the present scenario. {INTEREST}The decisions in public banks are generally in the interest of the public.The decisions in private banks are generally in the interest to increase profits. OR a private bank mainly focuses on short term interest. {TIME}Loan sanction works may take long time (i.e. 7-8 days) in public banks. Loan sanction works may take less time(i.e. 2-3 days) in private banks.
{OWNERSHIP}Public sector Banks are also called Nationalized banks. These banks are owned by the Government of India.Private sector banks are Banks which come under Negotiable Instruments Act but under private Management. {EXAMPLES} SBI, Canara Bank etc. These public banks are fully owned by the Government of India.HDFC, Punjab national bank, ICICI etc. all these banks are fully owned and managed by private lenders.
ADVANTAGES OF PRIVATE BANKS OVER PUBLIC BANKS
Private Sector banks are owned by individuals or a group of individuals who can take policy and business decisions quickly/easily when compared to public sector banks where policy decisions have to be approved by the government of India. Hence private sector bank are able to offer attractive plans and offers to customers and hence are growing at a faster pace than public sector banks.
Private Banks are pressed by the owners to focus on rapid generation of profit, which often leads to more or less hazardous gambling with money that could have promoted the economic growth of the state and nation. on the other hand, public banks is required by its owners - you, the people - to act so as to promote the economy of the state in the best possible way by providing credit for growth and prosperity.
Home loans, car loans etc. all these works are done more quickly in private banks as compared to public banks because private banks always try to attract customers by his efficient working and try to improve his goodwill.
Private banks infrastructures, maintenance, customer support services are highly commendable. On the other hand, public bank infrastructures, maintenance, customer support services are poor.
Private banks & Public banks
The main reason at which people like to invest or taking loan from public bank is the trust and confidence. people know that it’s a government regulated bank so there is no chance of getting fraud in institutions.
Public sectors bank rates are less as compare to private banks, for example ;SBI loan rate is 9.25% in 2013 while HDFC, indiabulls rate are 10.15% in 2013.
Public banks serve the public interest and can take a long-term view of public investment strategies. Private banks operate in their own private interest and are concerned with maintaining the positions of management and satisfying their shareholders' requirements for quarterly profits and a healthy stock price.
Private banks & Public banks

More Related Content

Private banks & Public banks

  • 2. Public sector banks are banks in which the government has a major holding Not less than 51% of the paid-up share capital will be held by the Central Govt. All nationalised banks are PSB’s. These can be classified into two groups: (I) the State Bank of India and its associates and (ii) nationalised banks PUBLIC SECTOR BANKS
  • 7. STATE BANK MOBICASH (State Bank MobiCash is a prepaid account on mobile offering facilities like fund transfer, mobile/ DTH recharge, bill payment, balance enquiry and mini statement)
  • 8. E - pAY RBIEFT (Inter-bank Electronic Funds Transfer facility of the Reserve Bank of India (RBI - EFT)
  • 9. SAFE DEPOSIT LOCKER MICR CODES (In MICR technology the information is printed on the instrument with a special type of ink which is made up of magnetic material. On insertion of the instrument in the machine, the printed information is read by the machine. MICR system is beneficial as it minimizes chances of error, clearing of cheques becomes easy and transfer of funds becomes faster in order to facilitate operations.) FOREIGN INWARD REMITTANCES (the purchase and sale of freely convertible foreign currencies as admissible under Exchange Control Regulations of the country)
  • 14. Canara bank is founded as Canara bank hindu permanent fund in 1906 by late shri Ammembal subba rao pai.
  • 15. 1. To remove superstition and ignorance. 2. To spread education among all to sub serve the first principle.
  • 16. To inculcate the habit of thrift and savings. To assist the needy. To work with sense of service and dedication.
  • 19. CANARA BANK PERSONAL loan provided only to an existing canara bank customer. It is possible to secure a loan even without having to visit your bank branch if you have been an canara bank customer for the past a month you might have a pre – approved loan offer waiting for you.
  • 20. They offer unbeatable benefits to ensure that you get the best deal without any hassles Canara bank offers you the most convenient home loan plans to suit your needs with so many attractive features in every type of home loan they offer.
  • 21. Education loan are offer to meritorious student for studies in india or abroad. The loan is given out to students admitted to institute and college approved by the bank. The loan covers fee for all years. Which is normally disbursed to the college/ institute directly by the bank. The loan also covers most of the boarding and lodging expenses.
  • 25. The third largest private sector bank in India. Offers financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. Axis Bank has its headquarters in Mumbai, Maharashtra.
  • 26. Treasury operations: The Bank’s treasury operation services include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the account, and for customers and central funding.[3] Retail banking: In the retail banking category, the bank offers services such as lending to individuals/small businesses subject to the orientation, product and granularity criterion, along with liability products, card services, Internet banking, automated teller machines (ATM) services Corporate/wholesale banking: The Bank offers to corporate and other organisations services including corporate relationship not included under retail banking, corporate advisory services, placements and syndication, management of public issues,
  • 27. NRI services: Products and services for NRIs that facilitate investments in India Business banking: The Bank accepts income and other direct taxes through its 214 authorised branches at 137 locations and central excise and service taxes (including e-Payments) through 56 authorised branches at 14 locations. Investment banking: Bank’s Investment Banking business comprises activities related to Equity Capital Markets, Mergers and Acquisitions and Private Equity Advisory. The bank is a SEBI-registered Category I Merchant Banker and has been active in advising Indian companies in raising equity
  • 28. Lending to small and medium enterprises: Axis Bank SME business is segmented in three groups: Small Enterprises, Medium Enterprises and Supply Chain Finance. Under the Small Business Group a subgroup for financing micro enterprises is also set up. Agriculture banking: 759 branches of the Bank provide banking services, including agricultural loans, to farmers.[3] As on 31 March 2013, the Bank’s outstanding loans in the agricultural sector was INR 148 billion, constituting 7.5% of its total advances.[3] Axis Bank launched Mobile Banking App 2.0 for its retail resident Indian customers the first of its kind in India, which offers a high level of personalization .
  • 29. credit card axis bank axis bank atm facilities axis bank locker facility
  • 30. axis bank overdraft facility axis bank sms facility ecs facility in axis bank
  • 31. axis bank car d offers axis bank flig ht offers axis bank ato z offers axis bank rec harge offers
  • 34. Indian multinational banking and financial services company . Second largest bank in India by assets and market capitalization. The bank had a network of 3539 branches and 11,162 Atms in India.
  • 35. Flexible recurring deposit allows a customer to deposit any amount at any point of time. Customers also have an option of depositing money by giving a standing instructions. Customers can earn recurring deposit interest rates on their iWish account.
  • 36. Customers can choose to share their wishes on Facebook and let their friends and family be part of their dreams. iWish gives an opportunity to the family and friends of a customer to contribute and help him attain his aspirations faster. ICICI bank assists in the creation , expansion and modernization of private concerns.
  • 37. ICICI bank encourage the participation of internal and external capital in the private concerns. It encourage private ownership of industrial investment. It provides long –term and medium term loans in rupees and foreign currencies.
  • 41. {MEANING}A public sector bank is a bank that is operated through institutions owned by the people through their representative governments.Private sector banks are owned by the private lenders. {INTEREST RATE}Interest rate of public banks is less. Interest rate of private banks is higher. {SECURITY}Public banks are highly secured as they are run by the govt. of India. Private Banks are less secured. There are chances of getting fraud.
  • 42. FLEXIBLITY}The private banks are known for being well equipped with all kinds of contemporary tools and techniques. And always try to be updated with environmental changes. Public banks are not completely well equipped as compared to private banks. But day by day public banks also starting adapting changes with the present scenario. {INTEREST}The decisions in public banks are generally in the interest of the public.The decisions in private banks are generally in the interest to increase profits. OR a private bank mainly focuses on short term interest. {TIME}Loan sanction works may take long time (i.e. 7-8 days) in public banks. Loan sanction works may take less time(i.e. 2-3 days) in private banks.
  • 43. {OWNERSHIP}Public sector Banks are also called Nationalized banks. These banks are owned by the Government of India.Private sector banks are Banks which come under Negotiable Instruments Act but under private Management. {EXAMPLES} SBI, Canara Bank etc. These public banks are fully owned by the Government of India.HDFC, Punjab national bank, ICICI etc. all these banks are fully owned and managed by private lenders.
  • 44. ADVANTAGES OF PRIVATE BANKS OVER PUBLIC BANKS
  • 45. Private Sector banks are owned by individuals or a group of individuals who can take policy and business decisions quickly/easily when compared to public sector banks where policy decisions have to be approved by the government of India. Hence private sector bank are able to offer attractive plans and offers to customers and hence are growing at a faster pace than public sector banks.
  • 46. Private Banks are pressed by the owners to focus on rapid generation of profit, which often leads to more or less hazardous gambling with money that could have promoted the economic growth of the state and nation. on the other hand, public banks is required by its owners - you, the people - to act so as to promote the economy of the state in the best possible way by providing credit for growth and prosperity.
  • 47. Home loans, car loans etc. all these works are done more quickly in private banks as compared to public banks because private banks always try to attract customers by his efficient working and try to improve his goodwill.
  • 48. Private banks infrastructures, maintenance, customer support services are highly commendable. On the other hand, public bank infrastructures, maintenance, customer support services are poor.
  • 50. The main reason at which people like to invest or taking loan from public bank is the trust and confidence. people know that it’s a government regulated bank so there is no chance of getting fraud in institutions.
  • 51. Public sectors bank rates are less as compare to private banks, for example ;SBI loan rate is 9.25% in 2013 while HDFC, indiabulls rate are 10.15% in 2013.
  • 52. Public banks serve the public interest and can take a long-term view of public investment strategies. Private banks operate in their own private interest and are concerned with maintaining the positions of management and satisfying their shareholders' requirements for quarterly profits and a healthy stock price.