Public bank (disambiguation)

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Public bank can refer to:

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An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as floating, or going public, a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded.

Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services or research. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.

<span class="mw-page-title-main">Reserve Bank of India</span> Regulatory Body in India

The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik and Dewas. RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.

In general usage, de novo is a Latin expression used in English to mean 'from the beginning', 'anew'.

<span class="mw-page-title-main">ICICI Bank</span> Indian private development finance institution

ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.

In the United Kingdom, public holidays are days on which most businesses and non-essential services are closed. Many retail businesses do open on some of the public holidays. There are restrictions on trading on Sundays and Christmas Day in England and Wales and on New Year's Day and Christmas Day in Scotland. Public holidays defined by statute are called bank holidays, but this term can also be used to include common law holidays, which are held by convention. The term "public holidays" can refer exclusively to common law holidays.

Erica or ERICA may refer to:

<span class="mw-page-title-main">Canara Bank</span> Third largest public sector bank in India

Canara Bank is an Indian public sector bank under the control and ownership of Ministry of Finance, Government of India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai, the bank also has offices in London, Dubai and New York.

<span class="mw-page-title-main">Andhra Bank</span> Public bank in India

Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. It operated in 25 states and three union territories. It had its headquarters in Hyderabad, Telangana, India. Along with Corporation Bank, Andhra Bank was merged with Union Bank of India in April 2020.

BMG may refer to:

<span class="mw-page-title-main">Liesbeek River</span> River in Cape Town, South Africa

The Liesbeek River is a river in Cape Town in South Africa. It is named after a small river in the Netherlands. The first "free burghers" of the Dutch East India Company were granted land to farm along the river in 1657, shortly after the first Dutch settlers arrived in the Cape. The river was originally called the Amstel or Versse Rivier. It is the first river that Jan van Riebeeck named.

<span class="mw-page-title-main">Cooperative banking</span> Type of retail or commercial bank organized cooperatively

Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.

The Public Provident Fund (PPF) is a savings-cum-tax-saving instrument in India, introduced by the National Savings Institute of the Ministry of Finance in 1968. The main objective of the scheme is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits. The scheme is fully guaranteed by the Central Government. Balance in the PPF account is not subject to attachment under any order or decree of court under the Government Savings Banks Act, 1873. However Income Tax & other Government authorities can attach the account for recovering tax dues.

The National Payments Corporation of India is the specialised division of Reserve Bank of India which is under the jurisdiction of Ministry of Finance, Government of India. It was created by RBI for operating retail payments and settlement systems in India.

<span class="mw-page-title-main">Azealia Banks</span> American rapper (born 1991)

Azealia Amanda Banks is an American rapper, singer and songwriter. Raised in the Harlem neighborhood of New York City, she began releasing music through Myspace in 2008 before being signed to XL Recordings at age 18. In 2011, her debut single "212" went viral and entered several international charts. Banks subsequently signed with Interscope and Polydor Records before later separating in July 2013. Banks ultimately became an independent artist and started her own independent record label, Chaos & Glory Recordings, after multiple negative experiences with previous labels.

Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India. The public sector undertakings are established either by nationalisation or an executive order incase of union government and state government or act of parliament incase of union government and act of state legislature incase of state government with the purpose to earn profit for the government, control monopoly of the private sector entities, offer products and services at an affordable price to the citizens and for the achievement of overall financial goals & developmental objectives in the country.

<span class="mw-page-title-main">India Post Payments Bank</span> Indian public sector payments bank

India Post Payments Bank, abbreviated as IPPB, is a division of India Post which is under the ownership of the Department of Post, a department under Ministry of Communications of the Government of India. Opened in 2018, as of January 2022, the bank has more than 5 crore customers.

Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2013. Venmo was aimed at friends and family who wish to split bills, e.g. for movies, dinner, rent, or event tickets etc. Account holders can transfer funds to others via a mobile phone app; both the sender and receiver must live in the United States. On Venmo, a little social network, users can observe how others who are sending money to one another interact with amusing emoticons. In 2021 the company handled $230 billion in transactions and generated $850 million in revenue.

The COVID-19 pandemic was confirmed by diagnostic test to have reached the British Overseas Territory of Bermuda on 18 March 2020; with individuals having arrived from the UK and US. Those individuals had been traced to back to the fourth and sixth of March. This was the first it was confirmed and some believe that COVID-19 could have been on island undetected with asymptomatic individuals before that time.