BANKS - OPERATIONAL IN INDIA

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State Bank of India, established on 2nd June, 1806 as Bank of Bengal, then Imperial Bank of India in 1921। Nationalised on 30th April, 1955 with 60% Stake with Reserve Bank of India and renamed STATE BANK OF INDIA. Its Associate Banks are State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Indore, State Bank of Mysore, State Bank of Patiala, State Bank of Saurashtra and State Bank of Travancore.

PUBLIC SECTOR BANKS :

Nationalized 14 Banks on 16th July, 1969:

1. Allahabad Bank, 1865, H.O. Kolkata
2. Bank of India, 1906, Mumbai
3. Bank of Baroda, 1908, Mumbai
4. Bank of Maharashtra, 1935
5. Canara Bank, 1906, Bangalore (acquired Laxmi Commercial Bank)
6. Central Bank of India, 1911
7. Dena Bank, 1938
8. Indian Bank, 1907
9. Indian Overseas Bank, 1937, Chennai
10. Punjab National Bank, 1895 (Lahore was H.O.), Now New Delhi,
11. (acquired Universal Bank in 1961, Hindustan Commercial Bank in 1988 and
12. New Bank of India in 1993).
13. Syndicate Bank, 1925, Manipal
14. United Bank of India, 1950, Kolkata
15. UCO Bank, 1943, Kolkata
16. Union Bank of India, 1920, Mumbai
    

5 Banks were nationalized again on 15th April, 1980:

1. Andhra Bank, 1923, Hyderabad
2. Corporation Bank, 1906
3. Punjab and Sind Bank, 1908
4. Oriental Bank of Commerce, 1973
5. Vijaya Bank, 1931,Mangalore

PRIVATE BANKS :

1. AXIS BANK (formerly U.T.I. Bank), 1994, Ahmedabad.
2. Centurian Bank, (acquired Lord Krishna Bank)
3. Catholic Syrian Bank, 1920, Thrissur (Kerala)
4. Dhan Laxmi Bank, Thrissur (Kerala)
5. Federal Bank, 1970, Aluva (Kerala)
6. HDFC (Housing Development Finance Corporation Bank Ltd.), 1994, Mumbai
7. I.C.I.C.I. Bank, 1994
8. IDBI (Industrial Development Bank of India Ltd., 1964 (Reserve Bank of India ownership).
9. Indusind Bank, 1994, (Hinduja Group)
10. J & K Bank Ltd., 1938
11. Bank of Rajasthan, 1948, Jaipur
12. Kotak Mahindra Bank, 1984
13. Karus Vysya Bank, 1916, Chennai
14. South Indian Bank, 1992, Thrissur (Kerala)
15. Yes Bank, Mumbai
16. ING Vysya Bank, 2002 (ING - Internationale Netherlandewn Group)
    

FOREIGN BANKS :

1. Abu Dhabi Commercial Bank, 1985, U.A.E.,
2. Standard Chartered Bank, 1863, London
3. Deutsche Bank, 1870, Berlin
4. American Express Bank, 1921, New York
5. Citi Bank,1902
6. HSBC Bank (Hongkong & Shanghai Banking Corporation), 1987, Mumbai
7. ABN AMRO Bank, 1964, Netherlands (ABN AMRO – Algemene Bank Netherland ; Amsterdam Rotterdam Bank).

Indian Sensex - A complete timeline

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History:
Indian Sensex was established in the year 1875 which was recognized by Govt. of India in 1956. The Sensex is based on 30 BSE Stocks which are :

1. ACC
2. Ambuja Cements Ltd.
   
3. BAJAJ AUTO
4. BHARTI AIRTEL
5. B.H.E.L.
6. CIPLA
7. DR. REDDY
8. Grasim Industries
9. H.D.F.C.
10. HDFC BANK
11. MAHINDRA
12. HINDALCO
13. H L L
14. ICICI BANK
15. INFOSYS
16. ITC Limited
    
17. LARSEN & TOUBRO
18. MARUTI
19. N.T.P.C.
20. O.N.G.C.
21. RANBAXY
22. RELIANCE COMMUNICATION
23. Reliance Energy
24. Reliance Industries
    
25. SATYAM Computer Services
    
26. STATE BANK OF INDIA
27. TATA MOTORS
28. TATA CONSULTANCY SERVICES
29. Tata Steel
    
30. WIPRO
    

Sensex Timeline:

• 1000 on 25 July 1990
• 2000 on 15 January 1992
• 3000 on 29 February 1992
• 4000 on 30 March 1992
• 5000 on 8 October 1999
• 6000 on 11 February 2000
• 7000 on 20 June 2005
• 8000 on 8 September 2005
• 9000 on 28 November 2005
• 10000 on 6 February 2006
• 11000 on 21 March 2006
• 12000 on 20 April 2006
• 13000 on 30 October 2006
• 14000 on 5 December 2006
• 15000 on 6 July 2007
• 16000 on 19 September 2007
• 17000 on 26 September 2007
• 18000 on 9 October 2007
• 19000 on 15 October 2007