We are well aware about the different banks that we are dealing with everyday. However, there are very few people who are actually aware about the names of the banks. Majority of the banks use the abbreviation of their names for business purpose and here are full forms/names and few details of such banks. Full names of ICICI, HDFC, Axis and IDBI bank are given below.
ICICI
Full name of this bank is Industrial Credit and Investment Corporation of India Limited (ICICI) which was established in 1955. It was established to promote business and housing in India by the Government of India in association with the World Bank.
However, it was established as a Financial Institution that took care of the small and middle scale business investment. However, the ICICI Bank joined the banking in 1994 as the RBI liberalization took over India. It is a global bank and has branches across the world.
HDFC
The full name of this bank is Housing Development Finance Corporation (HDFC) that was incorporated in 1977. Even though the company was set up for the housing finance but became a bank in 1994 after the private bank liberalizations took place in India. It is the second largest private sector banks in India and is one of the best in the world.
AXIS
Basically, AXIS Bank does not have a full form. However, the bank was earlier known as the UTI Bank that was established as a Bank in 1994. The United Trust of India (UTI) is considered one of the largest private banks in India. However, the bank later changed the name to AXIS that has no full form and is simply a name.
IDBI
This is a government owned bank and the Full name is Industrial Development Bank of India (IDBI). It was incorporated in 1964 and the purpose was to provide the momentum in the business development in the country.
It is a development bank and is the 10th largest in the world. It is commercial bank that is owned by the Government of India.
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Axis old name UTI
Full form is
UNITED TRUST OF INDIA
INCORPORATION DATE: 1994
There IS A LARGEST AND 1ST NO. OF BANK IN A WORLD
What is full form of axis ba8nk
Does Not have a full form.
Basically, AXIS Bank does not have a full form.
IDBI full is Industrial Development Bank of India
Guys,
You all are having very good imaginations and jokes particularly for India and Bihar.
what is full form of BIHAR.
BHART, INDIA, HINDUSTAN, ARYAWART, REWA …………THIS FIVE NAME OF INDIA INCLUDE ONE WORD OF BIHAR……OK SHUBHAM SINGH
I think,INDIA does not a full form. Its Has then from the magasthniz book “indica”
Independent Nation Declared In August that is full form of INDIA
AZAADI KE PAHLE INDIA KO INDIA NHI KAHA JATA THA KYA? MATLAB KUCH BHI, WHATSAPP PE JO GYAAN AAYA DE DIA
The name Bihar has a Sanskrit origin and is derived from the word ‘Vihara’ which means ‘abode’. Vihara is a Pali word. Earlier the state was Abode or Vihara of Buddhist monks. Vihara with time has changed to Bihar. Also there was a popular town with the name of Bihar, that used to be the headquarters of Muslim invaders. This town is now known as Bihar Sharif.
What is full form of Bank ??
I think BANK stands for:
B: Borrowing
A: Accepting
N: Negotiating
K: Keeping
Asking any question in comments is just wasting the time
U all can simply google search
what condition are applied by RBI on commercial banks
What is the full form RBL Bank?
Full name is Ratnakar Bank limited.
RBL full form Ratnakar bank limited
RBL full form is ratnaker bank limited
I think BANK stands for:
B: Borrowing
A: Accepting
N: Negotiating
K: Keeping
What is the full form of BANK?
Borrowing
Accepting
Negotiating
Keeping
(INDEPENDENT NATION DEMOCRATIC IN ASIA) AND
(INDEPENDENT NATION DECLARED IN AUGUST) FULL FORM OF INDIA
What is full form of Bank ATM?
automated teller machine
ATM means Automatic trolling machine
better u go for Any Time Money
Automated Teller Machine
WHAT IS FULL FORM OF INDIA?
India full form International New Developement Industrial Area(INDIA)
what is full form of kvb bank?
KVB FULL FORM . (KARUR VYSYA BANK)
Full form of KVB bank is KARUR VYSHA BANK (TAMIL NADU)