There have been a number of fatal dam breaks in the United Statest. 1977: The Kelly Barnes Dam, an old earthen dam in Georgia, gave way in the middle of the night. Internal erosion probably caused the failure. Thirty-nine people were killed at a small bible college below the dam.
The types of financial institutions include commercial banks, investment banks, insurance companies, brokerages, investment firms, management investment companies and non-bank financial institutions including credit unions, payday lenders and savings and loans institutions.
Indigenous Banks: According to the Indian Enquiry Committee, â Indigenous banker is a person or a firm which accepts deposits, transacts business in hundies and advances loans etc â. 1.6 Banking Sector in India. Central Bank: The Reserve Bank of India is the central Bank that is fully owned by the Government.