Bank Account

India is one of the fastest-growing economies in the world, and the banking sector plays a vital role in the development of the country. Banks provide financial services to businesses, individuals, and governments, and help drive the economy forward. In this article, we will take a look at the top 10 banks in India. These banks are some of the largest, most trusted, and most respected banking institutions in the country.

1. State Bank of India (SBI):

State Bank of India is the largest bank in India, with over 25,000 branches and almost 50,000 ATMs. It is also the largest public sector bank in the country, and is owned by the Government of India. It offers banking services to more than 500 million customers.

2. HDFC Bank:

HDFC Bank is the second largest bank in India. It was founded in 1994 and has more than 5,000 branches across the country. It offers a wide range of banking and financial services, including consumer banking, corporate banking, insurance, investment banking, and wealth management.

3. ICICI Bank:

ICICI Bank is the third largest bank in India. It was founded in 1994 and has over 5,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

4. Axis Bank:

Axis Bank is the fourth largest bank in India. It was founded in 1993 and has over 4,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

5. Kotak Mahindra Bank:

Kotak Mahindra Bank is the fifth largest bank in India. It was founded in 1985 and has over 3,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

6. Bank of Baroda:

Bank of Baroda is the sixth largest bank in India. It was founded in 1908 and has over 3,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

7. Punjab National Bank:

Punjab National Bank is the seventh largest bank in India. It was founded in 1895 and has over 2,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

8. Canara Bank:

Canara Bank is the eighth largest bank in India. It was founded in 1906 and has over 2,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

9. Bank of India:

Bank of India is the ninth largest bank in India. It was founded in 1906 and has over 2,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

10. Union Bank of India:

Union Bank of India is the tenth largest bank in India. It was founded in 1919 and has over 2,000 branches across the country. It offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and wealth management.

These are the top 10 banks in India. They are some of the largest and most trusted banking institutions in the country, and they offer a wide range of banking and financial services.

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF _______________________________ LIMITED ON Monday , THE 23^rd  DAY OF may , 2022 AT THE REGISTERED OFFICE OF THE COMPANY AT _______________________________________________________ IN, AT 11.00 A.M.

OPENING OF COMPANY’S BANK ACCOUNT WITH BANK, BRANCH NAME:[ NAME OF BANK]

The Chairman explained the need for opening of bank account of the Company with Bank [NAME OF BANK], Branch Address: [BANK BRANCH ADDRESS]  . The Board discussed the need to open the Bank Account for operational convenience and passed the following resolution unanimously:

“RESOLVED THAT a current account in the name and style of “
[NAME OF COMPANY] ” for the company be opened with the : [BANK BRANCH ADDRESS]  and the said bank be and is hereby authorized to honour all cheques, bills of exchange, promissory notes, and other negotiable instruments, letter of credit application forms, request letter for issuance of guarantee, instructions for negotiation/purchase/discounting of export and inland bills, request letters for booking of forward contracts in foreign currency for payment drawn, accepted or endorsed signed or made on behalf of the Company by the directors/authorized signatories to the extent of the limits mentioned against their name, acting singly or jointly and to act on any instructions so given by them relating to the transactions of the Company or their duly constituted attorney / nominee, whether such account be in credit or overdrawn:

RESOLVED FURTHER THAT the bank is hereby requested to provide BESTBALA NIDHI LIMITED the following services:

• Corporate Internet Banking
• Phone Banking
• Debit/ATM Card Services
• Any other services requested by the Company in writing (Incl. E-mail) and agreed by the Bank;

The below mentioned shall act as Authorized Signatory of the Company;

Name	Designation	Limit
_____________________________	Director/Authorized Signatory	Without any limits

RESOLVED FURTHER THAT the bank be requested to hand over the related Corporate Internet Banking ID(s) and Password(s) to any of the above mentioned directors to view the said account, interalia against the terms and conditions for Corporate Internet Banking issued by the Bank from time to time. The related Internet Banking ID(s) and Password(s) will be mailed/ couriered to the address provided by the account holder and recorded with the Bank;

RESOLVED FURTHER THAT this resolution shall remain in force until notice in writing of its withdrawal or cancellation is given to the Bank by the Company; 

RESOLVED FURTHER THAT the Directors be and are hereby authorized to issue a copy of this resolution certified to be a true copy be furnished to the said bank for their records and to act thereupon.”

Certified True Copy

For [ NAME OF COMPANY]__________________________________

Director	Director	Director

Date:

SPECIMEN SIGNATURES OF DIRECTORS/AUTHORIZED SIGNATORIES

Name	Specimen Signature
BALESWAR PATRA