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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 scheme's main objective is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits. [2]
PPF Group. PPF Group is an international diversified investment group founded in 1991 in the Czech Republic. PPF Group invests in a variety of sectors, including banking and financial services, telecommunications, media, biotechnology, real estate and industry. The geographical reach of PPF Group spans Europe, North America and Asia.
The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
PPF Banka is a Czech bank that focuses mainly on providing financial, investment and consulting services as well as private banking. It is a major subsidiary of PPF (company), which owns 93% of the bank. Its clients are primarily financial institutions, medium and large enterprises with Czech capital and municipal sphere entities.
State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 45th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. [11]
www .indiapost .gov .in. India Post is an Indian government-operated postal system in India, and is the trade name of the Department of Post under the Ministry of Communications. Generally known as the Post Office, it is the most widely distributed postal system in the world. Warren Hastings had taken initiative under East India Company to ...
The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [1] The next major government intervention in banking took place on 19 July 1969 when the Indira government nationalised an additional 14 major banks.
Preceded by. Rajnish Kumar. Personal details. Born. ( 1961-08-28) 28 August 1961 (age 62) Residence. Mumbai, India. Dinesh Kumar Khara (born 28 August 1961) is a career banker and Chairman of the State Bank of India a position he assumed on 7 October 2020.