Almost all the leading commercial banks are present in the District. The District’s economy is mainly agriculture oriented. In all agricultural countries, some financial agency is necessary to provide credit facilities for the continuance of Agricultural operations. In earlier days it was mainly carried out by the local money-lenders on indigenous scale.
The banking activities in the District started with the establishment of a branch of the Imperial Bank of India at Bhind in 1943. After this the Bharat Bank limited opened its branch at Bhind in 1945. Then United Commercial Bank opened its branch in 1947. The Imperial Bank of India was nationalised and was named as State bank of India in 1955. The total number of banking offices in Bhind increased from 1 in 1960 to 61 in 2000.
Major Commercial Banks in Bhind are State bank of India, State Bank of Indore, Central Bank of India, United Commercial bank, Punjab and Sindh Bank, Oriental Bank of Commerce, UCO bank. Regional Rural Bank.Lead Bank Scheme Under this scheme, Central Bank of India was designated as the Lead Bank in Bhind District with the responsibility for taking the leading role in surveying the credit needs in development of branch banking and extension of credit facilities in the District.