Wednesday 9 December 2015

List of Indian Banks & Private Banks and their Heads

Central Bank
RBI (Governor) – Raghuram Rajan 
RBI (Dy. Governor) – H. R. Khan, Urjit R. Patel, R. Gandhi & S.S. Mundra 

Nationalized Banks 
Allahabad Bank  (Chairman and MD) – Rakesh Sethi 
Andhra Bank (MD and CEO) – Suresh N. Patel 
Bank of Baroda (MD and CEO) – P.S. Jayakumar 
Bank of India (MD and CEO) – Melwyn Rego 
Bank of Maharashtra (Chairman and MD) – Sushil Muhnot 
Bhartiya Mahila Bank (Chairman and MD) – 
Canara Bank (MD and CEO) – Rakesh Sharma 
Central Bank of India (Chairman and MD) – Rajiv Rishi 
Corporation Bank (Chairman and MD) – S.R. Bansal 
Dena Bank (Chairman and MD) – Ashwani Kumar 
IDBI (MD and CEO) – K.P. Kharat 
Indian Bank (Chairman and MD) – M.K. Jain 
Indian Overseas Bank (MD and CEO) –  R. Koteeswaran 
Oriental Bank of Commerce (MD and CEO) –  Animesh Chauhan 
Punjab National Bank (MD and CEO) –   Usha Ananthasubramanian 
Punjab and Sind Bank (Chairman and MD) – J.B. Singh 
Syndicate Bank (MD and CEO) –  Arun Srivastava 
UCO Bank (Chairman and MD) –   Ravi Kishan Takkar 
Union Bank of India (Chairman and MD) – Aurn Tiwari 
United Bank of India (MD and CEO) –   P. Srinivas 
Vijaya Bank (MD and CEO) –  Kishore Kumar Sansi 

State Bank Group 
State Bank of India (Chairman) – Arundhati Bhattacharya 
State Bank of Bikaner and Jaipur (MD) – Jyoti Ghosh 
State Bank of Hyderabad (MD) – Santanu Mukherjee 
State Bank of Mysore (MD) – Sharad Sharma 
State Bank of Patiala (MD) – S.A. Ramesh Rangan 
State Bank of Travancore (MD) – Jeevan Das Narayan 

Private Bank 

Axis Bank (MD and CEO) – Shikha Sharma 
Catholic Syrian Bank (MD and CEO) – Anand Krishnamurthy 
City Union Bank (MD and CEO) – N. Kamakodi 
Development Credit Bank (MD and CEO) – Murali M. Natrajan 
Dhanalakshmi Bank (MD and CEO) – P.G. Jayakumar 
Federal Bank (MD and CEO) – Shyam Shrinivasan 
HDFC Bank (MD) – Aditya Puri 
ICICI Bank (MD and CEO) – Chanda D. Kochhar 
Indusind Bank (MD) – Romesh Sobti 
J and K Bank (Chairman and CEO) Mushtaq Ahmad 
Karnataka Bank (MD and CEO) – P. Jayarama Bhat 
Karur Vyasa Bank (MD and CEO) – K. Venkataraman 
Kotak Mahindra Bank (MD) – Uday S. Kotak 
Lakshmi Vilas Bank (MD and CEO) – 
Nainital Bank (Chairman and CEO) – S.K. Gupta 
Ratnakar Bank (MD and CEO) – Vishwavir Ahuja 
South Indian Bank (MD and CEO) – V.G. Mathew 
Tamil Nad Mercantile Bank (MD and CEO) – K.B. Nagendra Murthy 
Yes Bank (MD and CEO) – Rana Kapoor

Saturday 5 September 2015

RuPAY CARD

❖ RuPay is a combination of two words – Rupee and Payment. RuPay Card is an Indian version
of credit/debit card. It is very similar to international cards such as Visa/Master.

❖ RuPay is the Indian domestic card payment network set up by National Payments Corporation of India (NPCI) at the behest of banks in India with the approval of Reserve Bank of India.

❖ It is created to fulfill the Reserve Bank of India's desire to have a domestic, open loop, and multilateral system of payments in India.

❖ RuPay facilitates electronic payment at all Indian banks and financial institutions, and competes
with Master Card and Visa in India.

❖ NPCI maintains ties with Discover Financial to enable the card scheme to gain international acceptance.

❖ National Payments Corporation of India (NPCI) has a plan to provide a full range of card payment services including the RuPay ATM, RuPay Micro ATM, Debit, Prepaid and Credit
Cards which will be accepted in India and abroad, across various channels like POS, Internet, IVR and mobile etc.

❖ The initial focus of NPCI would be to approach those banks who have not been issuing any payment card at all more specifically – Regional Rural Banks (RRBs) and urban co-operative banks.

❖ RuPay cards are accepted at all automated teller machines (ATMs) across India under National
Financial Switch, and under the NPCI's agreement with DFS. RuPay cards are accepted on the international Discover network.

❖ According to the data published by National Payments Corporation of India, there are around
145270 ATMs and more than 875000 Point of Sale (PoS) terminals in India under the RuPay platform.

❖ In addition to the ATMs and PoS terminals, RuPay cards are accepted online on 10,000 e-commerce websites with the same PIN which they use for ATM transactions.

❖ RuPay cards are accepted at all PoS terminals in India. To enable this, RuPay has certified 29
major banks in India to accept the RuPay card at their respective PoS terminals located at different merchant locations.

❖ NPCI has rolled out its chip card for high security transactions using EMV (Europay, Master-
Card and Visa) chip technology, which is a global standard for debit and credit cards. RuPay chip cards have an embedded microprocessor circuit containing information about the card holder and because transactions are PIN-based rather than signature- based.

❖ RuPay also provides a unified "Kisan Card", issued by banks across the country under Kisan Credit Card, enabling farmers to transact business on ATMs and PoS terminals.