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A commercial bankis a type offinancial intermediary and a type ofbank. Commercial banking is also

known as business banking. It is a bank that provides checking accounts, savings accounts, and money

market accounts and that accepts time deposits.[1] After the implementation of theGlass-Steagall Act, theU.S. Congress required that banks engage only in banking activities, whereas investment banks were

imited to capital market activities. As the two no longer have to be under separate ownership under U.S.

aw, some use the term "commercial bank" to refer to a bank or a division of a bank primarily dealingwith deposits and loans from corporations or large businesses. In some other jurisdictions, the strict

eparation of investment and commercial banking never applied. Commercial banking may also be seen

as distinct from retail banking, which involves the provision of financial services direct to consumers.

Commercial bankis the term used for a normal bank to distinguish it from an investment bank or retailbank

The role of commercial banks

Commercial banks engage in the following activities:

processing of payments by way of telegraphic transfer, EFTPOS, internet banking, or othermeans

issuingbank drafts andbank cheques

accepting money on term deposit

lending money by overdraft, installment loan, or other means

providing documentary and standby letter of credit, guarantees,performance bonds, securities

underwriting commitments and other forms of off balance sheet exposures safekeeping of documents and other items insafe deposit boxes

sale, distribution orbrokerage, with or without advice, ofinsurance,unit trusts and similar

financial products as a financial supermarket

cash management and treasury services

merchant banking andprivate equity financing

traditionally, large commercial banks alsounderwrite bonds, andmake markets in currency,

interest rates, and credit-related securities, but today large commercial banks usually have aninvestment bank arm that is involved in the mentioned activities.

Types of loans granted by commercial banks

edit] Secured loan

A secured loan is a loan in which the borrower pledges some asset (e.g., a car or property) ascollaterali.e., security) for the loan.

edit] Mortgage loan

A mortgage loan is a very common type of debt instrument, used to purchase real estate. Under this

arrangement, the money is used to purchase the property. Commercial banks, however, are givenecurity - a lienon the title to the house - until the mortgage is paid off in full. If the borrowerdefaults

on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing

o it.

n the past, commercial banks have not been greatly interested in real estate loans and have placed onlya relatively small percentage of assets in mortgages. As their name implies, such financial institutions

ecured their earning primarily from commercial and consumer loans and left the major task of home

financing to others. However, due to changes in banking laws and policies, commercial banks arencreasingly active in home financing.

http://en.wikipedia.org/wiki/Financial_intermediaryhttp://en.wikipedia.org/wiki/Bankhttp://en.wikipedia.org/wiki/Commercial_bank#cite_note-0http://en.wikipedia.org/wiki/Commercial_bank#cite_note-0http://en.wikipedia.org/wiki/Glass-Steagall_Acthttp://en.wikipedia.org/wiki/Glass-Steagall_Acthttp://en.wikipedia.org/wiki/Glass-Steagall_Acthttp://en.wikipedia.org/wiki/Investment_bankhttp://en.wikipedia.org/wiki/Capital_markethttp://en.wikipedia.org/wiki/Retail_bankhttp://en.wikipedia.org/wiki/Bank_drafthttp://en.wikipedia.org/wiki/Bank_chequehttp://en.wikipedia.org/wiki/Term_deposithttp://en.wikipedia.org/wiki/Overdrafthttp://en.wikipedia.org/wiki/Letters_of_credithttp://en.wikipedia.org/wiki/Performance_bondhttp://en.wikipedia.org/wiki/Safe_deposit_boxhttp://en.wikipedia.org/wiki/Safe_deposit_boxhttp://en.wikipedia.org/wiki/Saleshttp://en.wikipedia.org/wiki/Distribution_(business)http://en.wikipedia.org/wiki/Brokeragehttp://en.wikipedia.org/wiki/Insurancehttp://en.wikipedia.org/wiki/Insurancehttp://en.wikipedia.org/wiki/Unit_trusthttp://en.wikipedia.org/wiki/Cash_managementhttp://en.wikipedia.org/wiki/Treasury_serviceshttp://en.wikipedia.org/wiki/Merchant_bankinghttp://en.wikipedia.org/wiki/Private_equityhttp://en.wikipedia.org/wiki/Underwritehttp://en.wikipedia.org/wiki/Underwritehttp://en.wikipedia.org/wiki/Market_makerhttp://en.wikipedia.org/wiki/Market_makerhttp://en.wikipedia.org/w/index.php?title=Commercial_bank&action=edit&section=5http://en.wikipedia.org/wiki/Secured_loanhttp://en.wikipedia.org/wiki/Collateral_(finance)http://en.wikipedia.org/wiki/Collateral_(finance)http://en.wikipedia.org/w/index.php?title=Commercial_bank&action=edit&section=6http://en.wikipedia.org/wiki/Mortgage_loanhttp://en.wikipedia.org/wiki/Lienhttp://en.wikipedia.org/wiki/Lienhttp://en.wikipedia.org/wiki/Default_(finance)http://en.wikipedia.org/wiki/Financial_intermediaryhttp://en.wikipedia.org/wiki/Bankhttp://en.wikipedia.org/wiki/Commercial_bank#cite_note-0http://en.wikipedia.org/wiki/Glass-Steagall_Acthttp://en.wikipedia.org/wiki/Investment_bankhttp://en.wikipedia.org/wiki/Capital_markethttp://en.wikipedia.org/wiki/Retail_bankhttp://en.wikipedia.org/wiki/Bank_drafthttp://en.wikipedia.org/wiki/Bank_chequehttp://en.wikipedia.org/wiki/Term_deposithttp://en.wikipedia.org/wiki/Overdrafthttp://en.wikipedia.org/wiki/Letters_of_credithttp://en.wikipedia.org/wiki/Performance_bondhttp://en.wikipedia.org/wiki/Safe_deposit_boxhttp://en.wikipedia.org/wiki/Saleshttp://en.wikipedia.org/wiki/Distribution_(business)http://en.wikipedia.org/wiki/Brokeragehttp://en.wikipedia.org/wiki/Insurancehttp://en.wikipedia.org/wiki/Unit_trusthttp://en.wikipedia.org/wiki/Cash_managementhttp://en.wikipedia.org/wiki/Treasury_serviceshttp://en.wikipedia.org/wiki/Merchant_bankinghttp://en.wikipedia.org/wiki/Private_equityhttp://en.wikipedia.org/wiki/Underwritehttp://en.wikipedia.org/wiki/Market_makerhttp://en.wikipedia.org/w/index.php?title=Commercial_bank&action=edit&section=5http://en.wikipedia.org/wiki/Secured_loanhttp://en.wikipedia.org/wiki/Collateral_(finance)http://en.wikipedia.org/w/index.php?title=Commercial_bank&action=edit&section=6http://en.wikipedia.org/wiki/Mortgage_loanhttp://en.wikipedia.org/wiki/Lienhttp://en.wikipedia.org/wiki/Default_(finance)

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Changes in banking laws now allow commercial banks to make home mortgage loans on a more liberal

basis than ever before. In acquiring mortgages on real estate, these institutions follow two main

practices. First, some of the banks maintain active and well-organized departments whose primaryfunction is to compete actively for real estate loans. In areas lacking specialized real estate financial

nstitutions, these banks become the source for residential and farm mortgage loans. Second, the banks

acquire mortgages by simply purchasing them from mortgage bankers or dealers.

n addition, dealer service companies, which were originally used to obtain car loans for permanentenders such as commercial banks, wanted to broaden their activity beyond their local area. In recent

years, however, such companies have concentrated on acquiring mobile home loans in volume for bothommercial banks and savings and loan associations. Service companies obtain these loans from retail

dealers, usually on a nonrecourse basis. Almost all bank/service company agreements contain a credit

nsurance policy that protects the lender if the consumer defaults.

Unsecured loan

Unsecured loans are monetary loans that are not secured against the borrowers assets (i.e., nocollateral

s involved). These may be available from financial institutions under many different guises ormarketing packages:

bankoverdrafts corporate bonds

credit card debt

credit facilities or lines of credit

personal loans

List of Commercial Banks in India

SBI & Associates:

State Bank of India State Bank of Bikaner & Jaipur

State Bank of Hyderabad State Bank of Indore

State Bank of Mysore

State Bank of Patiala

State Bank of Travancore

Other Scheduled Commercial Banks:

Axis Bank

Bank of Rajasthan Catholic Syrian Bank

City Union Bank

Development Credit Bank

Dhanalakshmi Bank Federal Bank

HDFC Bank

ICICI Bank

http://en.wikipedia.org/wiki/Unsecured_loanhttp://en.wikipedia.org/wiki/Collateral_(finance)http://en.wikipedia.org/wiki/Collateral_(finance)http://en.wikipedia.org/wiki/Overdrafthttp://en.wikipedia.org/wiki/Overdrafthttp://en.wikipedia.org/wiki/Corporate_bondhttp://en.wikipedia.org/wiki/Credit_cardhttp://en.wikipedia.org/wiki/Personal_loanshttp://business.mapsofindia.com/banks-in-india/state-bank-of-india.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-bikaner-and-jaipur.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-hyderabad.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-indore.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-mysore.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-patiala.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-travancore.htmlhttp://business.mapsofindia.com/banks-in-india/axis-bank.htmlhttp://business.mapsofindia.com/banks-in-india/catholic-syrian-bank.htmlhttp://business.mapsofindia.com/banks-in-india/ubi.htmlhttp://business.mapsofindia.com/banks-in-india/dhanlakshmi-bank-ltd-the.htmlhttp://business.mapsofindia.com/banks-in-india/federal-bank.htmlhttp://business.mapsofindia.com/banks-in-india/hdfc.htmlhttp://business.mapsofindia.com/banks-in-india/icici-bank-ltd.htmlhttp://en.wikipedia.org/wiki/Unsecured_loanhttp://en.wikipedia.org/wiki/Collateral_(finance)http://en.wikipedia.org/wiki/Overdrafthttp://en.wikipedia.org/wiki/Corporate_bondhttp://en.wikipedia.org/wiki/Credit_cardhttp://en.wikipedia.org/wiki/Personal_loanshttp://business.mapsofindia.com/banks-in-india/state-bank-of-india.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-bikaner-and-jaipur.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-hyderabad.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-indore.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-mysore.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-patiala.htmlhttp://business.mapsofindia.com/banks-in-india/state-bank-of-travancore.htmlhttp://business.mapsofindia.com/banks-in-india/axis-bank.htmlhttp://business.mapsofindia.com/banks-in-india/catholic-syrian-bank.htmlhttp://business.mapsofindia.com/banks-in-india/ubi.htmlhttp://business.mapsofindia.com/banks-in-india/dhanlakshmi-bank-ltd-the.htmlhttp://business.mapsofindia.com/banks-in-india/federal-bank.htmlhttp://business.mapsofindia.com/banks-in-india/hdfc.htmlhttp://business.mapsofindia.com/banks-in-india/icici-bank-ltd.html

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IndusInd Bank

ING Vysya Bank

Jammu & Kashmir Bank

Karnataka Bank

Karur Vysya Bank

Kotak Mahindra Bank

Lakshmi Vilas Bank

Nainital Bank

Ratnakar Bank

SBI Commercial & International Bank South Indian Bank

Tamilnad Mercantile Bank

Yes Bank

Products and Services of Federal Bank India

Federal Bank India extends a wide range of products and services to its customers to ensure them

maximum benefits and a happy banking experience. The range is inclusive of:

Depository Services

Debit Cards General Insurance Products in association with United India Insurance

Export Credit Insurance Products in association with ECGC Express Remittance Facility from Abroad - FEDFAST

Cash -On- Line Express Cash Remittance

Life Insurance Products in association with IDBI Fortis

Lock Box Service for US-based NRIs

Cash Management Services

Merchant Banking Services

E-shopping Payment gateway

BSNL Bill Payment

Easy Pay- On-line fee payment system Online LIC Insurance Payment Online Kiosks for customers

Online Railway Reservation System

Pioneering Services by Federal Bank India

n its attempt to serve customers with the best and to provide them an easy means of banking, Federal

Bank in India has come up with many first of its kind services and products that re-defined the entire

banking scenario of India. These are:

Launched Internet Banking Service via FedNet among all the traditional banks in India Made its branches automated

Inter-connected all its branches

Started Electronic Telephone Bill Payment Introduced e-shopping payment gateway

Offered Mobile Alerts and Mobile Banking service

Devised a way for Express Remittance Facility from Abroad

Provided RTGS facility in all its branches

http://business.mapsofindia.com/banks-in-india/indusind-bank-ltd.htmlhttp://business.mapsofindia.com/banks-in-india/ing-vysya-bank-ltd.htmlhttp://business.mapsofindia.com/banks-in-india/jammu-kashmir-bank.htmlhttp://business.mapsofindia.com/banks-in-india/karnataka-bank.htmlhttp://business.mapsofindia.com/banks-in-india/karur-vysya-bank-limited.htmlhttp://business.mapsofindia.com/banks-in-india/kotak-mahindra-bank.htmlhttp://business.mapsofindia.com/banks-in-india/lakshmi-vilas-bank.htmlhttp://business.mapsofindia.com/banks-in-india/nainital-bank-ltd.htmlhttp://business.mapsofindia.com/banks-in-india/ratnakar-bank.htmlhttp://business.mapsofindia.com/banks-in-india/sbi-commercial-and-international-bank.htmlhttp://business.mapsofindia.com/banks-in-india/tamilnad-mercantile-bank.htmlhttp://business.mapsofindia.com/banks-in-india/yes-bank.htmlhttp://business.mapsofindia.com/banks-in-india/indusind-bank-ltd.htmlhttp://business.mapsofindia.com/banks-in-india/ing-vysya-bank-ltd.htmlhttp://business.mapsofindia.com/banks-in-india/jammu-kashmir-bank.htmlhttp://business.mapsofindia.com/banks-in-india/karnataka-bank.htmlhttp://business.mapsofindia.com/banks-in-india/karur-vysya-bank-limited.htmlhttp://business.mapsofindia.com/banks-in-india/kotak-mahindra-bank.htmlhttp://business.mapsofindia.com/banks-in-india/lakshmi-vilas-bank.htmlhttp://business.mapsofindia.com/banks-in-india/nainital-bank-ltd.htmlhttp://business.mapsofindia.com/banks-in-india/ratnakar-bank.htmlhttp://business.mapsofindia.com/banks-in-india/sbi-commercial-and-international-bank.htmlhttp://business.mapsofindia.com/banks-in-india/tamilnad-mercantile-bank.htmlhttp://business.mapsofindia.com/banks-in-india/yes-bank.html

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Head Office of Federal Bank India

The Federal Bank Limited,Federal Towers,

Aluva - 683 101,

KeralaPh: +91-484-2623620 to 29

Fax: +91-484-2622672

Background of Federal Bank India

Previously known as Travancore Federal Bank Limited, the Federal Bank Limited in its entire

span of customer services has seen both ups and downs. The bank started with an auction-chitty

business along with other banking transactions related to agriculture and industry. In the year1945, the paid-up capital of the bank touched Rs.71000 and a new Board of Directors was

constituted. During this period, the bank also incorporated new Articles of Association. The

same year its branch was opened at Aluva.

Subsequently, Federal Bank came with its branches in Angamally (1946) and Perumbavoor

(1947). However, it came with a massive expansion plan in the years 1975 and 1976 by opening

53 and 42 branches respectively.

From that time onwards till today, the bank has continued to incorporate the effective changes to

ensure smooth banking experience for its customers.

About Federal Bank India

Federal Bank is a private sector bank in India. The head office of this prestigious bank is located at

Aluva, Kerala. By 2008, the Federal Bank India had successfully introduced 671 branches and 681ATMs across the nation. In the month of March of 2008 alone, the bank had opened 26 branches across

1 Indian States.

Federal Bank India is well recognized for facilitating even the smaller branches consisting ofrural and partially-urbanized areas with technology enabled services.