What are apex banks?
Apex Bank means a banking institution, approved by the Bank, with which the Borrower has entered into the Subsidiary Apex Agreement. Sample 1.
Why RBI is called Apex Bank?
Rohan Goyal 4 years, 3 months ago. Central bank is apex bank because it controls all the commercial banks of country and also issue currency except coins.
What is the full form of apex bank?
The full form of apex is: Adavnced Programming Experience. A P EX. History – KSCABL. The Bank was registered on 10th November 1915 under the name and style of “The Mysore Provincial Cooperative Bank Limited,” under the Mysore Co-operative Societies Act of 1905. Five such district central banks were started.
Which bank is Apex Bank of India?
The Reserve Bank Of India
The Reserve Bank Of India is the apex banking institution. It commenced operations on April 1, 1935, is at the centre of India’s financial system. Hence it is called the Central Bank.
What does apex mean in business?
singular noun. The apex of an organization or system is the highest and most important position in it. At the apex of the party was its central committee. Synonyms: culmination, top, crown, height More Synonyms of apex.
How do I check my apex balance?
All your Telangana State Cooperative Apex Bank accounts will be registered and activated for mobile banking. Enter your debit card number and generate secure banking PIN. Select Balance Check option. Enter your banking PIN.
Which is known as apex of India?
Central bank is the apex bank of the country. Explanation. The apex bank of the country is the Central Bank. Reserve Bank of India is the central bank of India.
Is the apex bank of a country?
The Central Bank, also known as the National Bank or Reserve Bank in some countries, is an apex monetary authority in a country. It is an institution that manages and oversees a country’s money supply, inflation, and interest rates. A Central Bank of a country acts as a banker and financial adviser to the government.
What does apex acronym mean?
APEX. Automated Planning and Execution Control System.
What does the term apex means?
Definition of apex 1a : the uppermost point : vertex the apex of a mountain. b : the narrowed or pointed end : tip the apex of the tongue. 2 : the highest or culminating point the apex of his career.
How can I open apex bank account?
To enroll for Online Banking you need to complete a one time enrollment process. Visit our online banking login page and click on “New User”. Please enter the required details and click “Complete Sign Up”. You will receive an email once the registration has been processed with further instructions.
Is apex bank on Google pay?
Most of our Apex Investment Private Bank debit and credit cards are eligible, except for ATM cards and business credit/debit cards. To use Google Pay, cardholders will need a NFC capable Android™ device running Android 5.0. (Lollipop®) or higher.