Financial Institutions that are important to know in India #Rideonfinance

Financial institutions, otherwise known as banking institutions, are corporations which provide services as intermediaries of financial markets.

1. Reserve Bank of India
The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee.

2. State Bank of India
State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra. The company is ranked 216th on the Fortune Global 500 list of the world's biggest corporations as of 2017.

3. National Stock Exchange
The National Stock Exchange of India Limited is the leading stock exchange of India, located in Mumbai. The NSE was established in 1992 as the first demutualized electronic exchange in the country.

4. Bombay Stock Exchange
The Bombay Stock Exchange is an Indian stock exchange located at Dalal Street, Mumbai. Established in 1875, the BSE is Asia’s first stock exchange. It claims to be the world's fastest stock exchange, with a median trade speed of 6 microseconds.

5. Life Insurance Corporation
Life Insurance Corporation of India is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹2,529,390 crore.

Happy Investing!! #Rideonfinance
Source: Wikipedia used.