New Bank of India

New Bank of India was established in 1936, in Lahore by Mulk Raj Kohli, a professor of Economics turned banker. It moved its head office to Amritsar in 1947, and then to New Delhi in 1956. It acquired Didwana Industrial Bank in 1965, Chawla Bank in 1969, and Sahukara Bank in 1971. Earlier New Bank of India had acquired Punjab & Kashmir Bank.

• Didwana Industrial Bank had been established in 1925 in Didwana.
• Chawla Bank, which had been established in 1913, had its registered office in Bannu, North Western Frontier Province, and a branch office at Dehra Dun in the United Provinces. Ninety-five percent of its depositors and creditors migrated to India after Partition.
• Sahukara Bank, est. 1912 in Ludhiana, had branches in Pakistan that it lost at Partition.
• Lala Gokul Chand Suri founded Punjab & Kashmir Bank in 1912 in Delhi with operations in Rawalpindi.

The Government of India nationalized New Bank of India in 1980. Punjab National Bank acquired New Bank of India in 1993.^[1][2]

References

• v
• t
• e

Banking in India

Institutes

Central bank
Think tanks	BBB BCSBI NPCI IBA IDRBT
Speciality banks	IIBI IFCI All India Financial Institutions : Exim Bank of India NABARD NaBFID NHB SIDBI
Other	BIFR IBBI IBPS Deposit Insurance (DICGC)

Public-sector
banks

• Bank of Baroda
• Bank of India
• Bank of Maharashtra
• Canara Bank
• Central Bank of India
• Indian Bank
• Indian Overseas Bank
• Punjab & Sind Bank
• Punjab National Bank
• State Bank of India
• UCO Bank
• Union Bank of India
• State-sector banks: Jammu & Kashmir Bank

Private-sector
banks

• Bandhan Bank
• CSB Bank
• City Union Bank
• DCB Bank
• Dhanlaxmi Bank
• Federal Bank
• IndusInd Bank
• Karnataka Bank
• Karur Vysya Bank
• Kotak Mahindra Bank
• Nainital Bank
• RBL Bank
• South Indian Bank
• Tamilnad Mercantile Bank
• Yes Bank
• Previous development banks: ICICI Bank
• Privatised banks: Axis Bank
• IDBI Bank
• IDFC First Bank

Foreign banks

• Abu Dhabi Commercial Bank
• ANZ
• Bank Maybank Indonesia
• Bank of America
• Bank of Bahrain and Kuwait
• Bank of Ceylon
• Barclays
• Credit Suisse
• CTBC Bank
• Deutsche Bank
• HSBC
• Maybank
• MUFJ
• Rabobank
• Scotiabank
• Standard Chartered
• Previous development banks: HDFC Bank

Wholly owned subsidiary (WOS)	DBS Bank State Bank of Mauritius
Wound up/closed (or in process)	ABN AMRO (reopening plans as WOS) Antwerp Diamond Bank Citibank (retail bank sold to Axis Bank) Rabobank (announced) RBS (ending closure)

Small finance banks

• AU including Fincare
• Capital
• ESAF
• Equitas
• Jana
• North East
• Suryoday
• Ujjivan
• Unity

Payments banks

• Airtel
• Fino
• National Securities Depository
• India Post
• Jio
• Paytm

Surrendered licencees	Sun Pharmaceuticals Tech Mahindra
Wound up	Aditya Birla Vodafone m-pesa

Cooperative
banks

• Abhyudaya Co-operative Bank.
• Buldana Urban Cooperative Credit Society
• Cosmos Bank
• Dombivli Nagari Sahakari Bank
• Kerala Bank
• Mizoram Co-operative Apex Bank
• Punjab and Maharashtra Co-operative Bank
• Repco Bank
• Saraswat Bank
• Shamrao Vithal Co-operative Bank
• TNSC Bank
• Thane Janata Sahakari Bank

Regional Rural
Banks

• Assam Gramin Vikash Bank
• Bangiya Gramin Vikash Bank
• Karnataka Gramin Bank
• Mizoram Rural Bank
• Paschim Banga Gramin Bank
• Puduvai Bharathiar Grama Bank
• Tamil Nadu Grama Bank
• Uttar Bihar Gramin Bank
• Uttarakhand Gramin Bank
• Vananchal Gramin Bank

Andhra	Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank
Kerala	Kerala Gramin Bank North Malabar Gramin Bank South Malabar Gramin Bank
Uttar Pradesh	Allahabad UP Gramin Bank Gramin Bank of Aryavart Sarva UP Gramin Bank

Defunct banks

Merged	PSB New Bank of India Dena Bank Vijaya Bank Allahabad Bank Andhra Bank Corporation Bank Oriental Bank of Commerce United Bank of India Syndicate Bank SBI Bank of Bombay Bank of Calcutta Bank of Madras Imperial Bank of India State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Bharatiya Mahila Bank Rescued Global Trust Bank (OBC) Lakshmi Vilas Bank (DBS) Nedungadi Bank (PNB) United Western Bank (IDBI) United Industrial Bank (Allahabad Bank) Punjab and Maharashtra Co-operative Bank (Unity SFB) Acquired Bank of Madura Bank of Rajasthan Bengal Central Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Grindlays Bank National Bank of India ING Vysya Bank Mercantile Bank of India, London and China Lord Krishna Bank Times Bank PSB Bharat Overseas Bank Pandyan Bank
Wound up	Bank of Chettinad Dass Bank Industrial Investment Bank of India
Failed	Alliance Bank of Simla Arbuthnot & Co Commercial Bank of India Exchange Bank of India & Africa (New) Oriental Bank Corporation Oudh Commercial Bank Madhavpura Mercantile Cooperative Bank
Liquidated	Bengal Bank (1784) Bank of Bombay (1720) Bank of Hindostan General Bank of India General Bank of Bengal and Bihar Nath Bank Palai Central Bank The Commercial Bank (1819) The Calcutta Bank (1824) The Union Bank (1828) The Government Savings Bank (1833) The Bank of Mirzapore (1835) Travancore National and Quilon Bank

Networks

Interbank networks	Cirrus NFS PLUS
ATM networks	BANCS Cashnet CashTree MITR

Cards

• Mastercard
  • Debit Mastercard
  • Maestro
• RuPay
• Visa
  • Visa Debit
  • Visa Electron

Online transfers

• AEPS
• BBPS
• BHIM
• IMPS
• NEFT
• RTGS
• UPI

Payment service
providers

• Atom
• BHIM
• BillDesk
• CCAvenue
• Juspay
• Paytm
• Wibmo
• Zeta India

Digital wallets	Amazon Pay BharatPe Freecharge Google Pay Mobikwik Oxigen Services Payoneer PayU CitrusPay LazyPay Payworld PhonePe

Related topics

• ATM usage fees
• Bank run
• Black money
• Counterfeit money
• De-materialisation (de-mat)
• Demonetisation
  • 2016
  • Low denomination coins
• Foreign exchange (ForEx)

• Lists: List of banks
• List of oldest banks in India

Protocol and codes	Bharat Bill Payment System (BBPS) Indian Financial System Code (IFSC) National Unified USSD Platform (NUUP) Structured Financial Messaging System (SFMS)
Rates and ratios	Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR Mumbai Interbank Forward Offer Rate - MIFOR Statutory Liquidity Ratio - SLR Cash Reserve Ratio - CRR
Regulators	Insurance - IRDAI Banking - RBI Securities - SEBI Bankruptcy - IBBI
Insolvency, bankruptcy and reconstruction	Boards BIFR IBBI CERSAI Legislation IBC SARFESI Act Companies ARCIL Edelweiss ARC IAMCL
Legislation	Banking Regulation Act, 1949 Government Securities Act, 2006 IBC, 2016 NaBFID, 2021 RBI Act, 1934 SARFESI Act, 2002 Income-tax Act, 1961 Companies Act, 2013 Insurance Act, 1938 FEMA, 1999
Tribunals	Company Law - NCLT Appellate - NCLAT
Measures	Prompt Corrective Action
Other	Institute of Banking Personnel Selection Mumbai Consensus