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Definitions from WordNet | ||||
Definitions from the WebState BankDescription:A state bank is a financial institution that is chartered or licensed by a state government instead of the federal government. It operates within a specific state and provides a range of banking services to individuals and businesses. Senses:Sense 1:Noun: A bank that is owned or controlled by the state government. Example: The State Bank of India is the largest state bank in the country. Sense 2:Noun: The central bank of a specific state that regulates and oversees the state's banking system. Example: The Reserve Bank of India acts as the state bank for monetary policy in India. Sense 3:Noun: A bank located within a specific state that primarily serves the residents and businesses of that state. Example: The New York State Bank offers competitive interest rates to its customers. Possible Related Products: | ||||
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