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Did You Know?

Discover interesting facts about India's geography, culture, demographics, and more

💰 Economy

India has 12 public sector banks, 22 private sector banks, and 46 foreign banks operating, serving diverse financial needs.

Reserve Bank of India
💰 Economy

IFSC (Indian Financial System Code) uniquely identifies each bank branch in India, facilitating electronic fund transfers nationwide.

Reserve Bank of India
💰 Economy

Pradhan Mantri Jan Dhan Yojana opened over 460 million bank accounts, making it the world's largest financial inclusion program.

Ministry of Finance
💰 Economy

UPI (Unified Payments Interface) processed over 10 billion transactions monthly in 2023, revolutionizing digital payments in India.

National Payments Corporation of India
💰 Economy

India has over 150,000 bank branches and 213,000 ATMs, ensuring financial services reach both urban and rural areas.

Reserve Bank of India