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Home >> Publications >> Directory of Bank Offices - Certain Concepts
Directory of Bank Offices.
(|OUERY wABOUT DIRECTORY BACKGROUND wm ADDITIONS # MODIFICATIONS
WCENTAIN CONCEPTS | PROFORMAE sil w HELP
Certain concepts
A. Commercial Banks refer to both schedulad and non-scheduled commercial banks which are regulated under Banking Regulation Act, 1948.
(2) Scheduled Commercial Banks are grouped under following categories:
1, State Bank of India and its Associates
2. Nationalised Banks
3. Foreign Banks
4, Regional Rural Banks
‘5. Other Scheduled Commercial Banks.
(b) Non-Scheduled Commercial Banks
Note: Banks in the groups (1) & (2) above are known as public sector banks whereas, other scheduled commercial banks mentioned at group (5) above
{are known as private sector bi
18. wank UrTices comprise of branches doing banking business (ie. accepting deposit and/or offering creait to their customers) and administrative omices.
. Branches of banks refer to those olfices which are engaged in either:
1. banking business (.e., ether accepting deposit and/or offering credit to their customer); or
2. banking and foreign exchange business: or
3. administration, banking & foreign exchange; or
4. administration and banking: oF
5. administration and forsign exchange; or