State Bank of India
State Bank of India (SBI) is one of the largest and pioneer public sector banks in India. It was established in 1806 as the Bank of Calcutta, making it one of the oldest commercial banks in the Indian subcontinent. It later merged with the Bank of Bombay and the Bank of Madras in 1921 to form the Im
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Bank of Baroda
Bank of Baroda also commonly referred to as BOB, is a government-owned financial institution that was founded in 1908 within the Princely State of Baroda. It underwent nationalization on the 19th of July, 1969, along with 13 other significant commercial banks. BOB\u2019s main office is located in Va
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Evolution of Reserve Bank of India: A Historical Overview
The Reserve Bank of India, established in 1935 and headquartered in Mumbai since 1937, has played a crucial role in India's financial landscape. From nationalization in 1949 to financial reforms in 2000, this summary covers key milestones in RBI's history, including regulatory expansions, nationaliz
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Evolution of the Indian Financial System: A Historical Perspective
The Indian Financial System has evolved through distinct phases - Pre-Independence, Post-Independence up to 1991, and post-1991. Pre-Independence saw a closed economy with limited access to foreign savings. Post-Independence witnessed significant growth, nationalization of banks and insurance, devel
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Understanding Monopoly Power and Regulation in Economics
Degree of Monopoly Power is measured by the difference between marginal cost and price, with a greater difference signifying larger monopoly power. Prof. Abba P. Lerner's formula for monopoly power emphasizes the gap between price and marginal cost. Monopoly power can also be assessed using price el
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Understanding Civil Rights and Civil Liberties in the United States
This educational lecture covers the definitions of civil liberties and civil rights, the historical nationalization of the Bill of Rights, and key aspects of the 1st Amendment concerning freedom of religion, the free exercise of religion, and freedom of speech and the press in American society. It e
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Agricultural Finance and Banking System Overview
Agricultural finance encompasses various services to support farm activities, with sources including institutional and non-institutional channels. In India, agricultural credit is available from sources like moneylenders, co-operatives, and commercial banks. Commercial banks play a crucial role in p
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Vision and Implementation Strategy for ISC Modern Workplace Transformation
Overall enthusiasm and agreement for the timing and need to prioritize investments supporting devolution of services. Emphasis on nationalization of talent and work closer to communities. Importance of evaluating workplace changes on employee wellbeing and mental health. Key points include robust co
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