Banking System in India

1

Local Area Banks 2 . Commercial Banks B. Co-operative Banks C. Regional Rural Banks (RRBs) D.BANKING SYSTEM IN INDIA Reserve Bank of India A.

3 . 2009.Classification of Commercial Banks (by Ownership) Commercial Banks PUBLIC SECTOR BANKS (27) PRIVATE SECTOR BANKS (22) FOREIGN BANKS (30) REGIONAL RURAL BANKS (RRBS) (88) LOCAL AREA BANKS (4) Old Private Sector Banks (15) New Private Sector Banks (7) Note: Figures in brackets indicate number of respective institutions as on March 31.

4 .   Public Sector Banks (27) Nationalized Banks (19) State Bank of India and its Associates (7) IDBI (1) Private Sector Banks (22) Old Generation Private Banks(15) New Generation Private Banks(7) Foreign Banks (30) Local Area Banks (4) Source: RBI: Report on Trend and Progress of Banking in India. 2. 2008-2009 Note : Figures in brackets indicate number of banks in each group.  1. 2. 3.Classification of Commercial Banks Continued  1.

BANKS BY INCLUSION IN SECOND SCHEDULE OF RBI ACT. 1934 (AS ON MARCH 31. 2008) Scheduled Banks in India Scheduled Commercial Banks Scheduled Co-operative Banks Public Sector Banks (27) Private Sector Banks (22) Foreign Banks in India (30) Regional Rural Banks (88) Scheduled Urban Co-operative Banks (53) Scheduled State Co-operative Banks (31) 5 .

1956 STATE CO-OEPRATIVE BANK OR PRIMARY CO-OPERATIVE BANK OR AN INSTITUTION NOTIFIED BY THE CENTRAL GOVT.]   PAID-UP CAPITAL & RESERVES u RS 5 LAKHS AFFAIRS NOT CONDUCTED IN A MANNER DETRIMENTAL TO INTERESTS OF THE BANK¶S DEPOSITORS MUST BE ONE OF THE FOLLOWING :     A COMPANY AS DEFINED IN COMPANIES ACT. IN THIS BEHALF CORPORATION OR A COMPANY INCORPORATED BY OR UNDER ANY LAW IN FORCE IN ANY PLACE OUTSIDE INDIA. 1934 [Section 42 (6) (a) of RBI Act. 1934.CONDITIONS FOR INCLUSION OF BANKS IN SECOND SCHEDULE OF RBI ACT. 6 .

CENTRAL CO-OP. BANKS (DCCBs) PRIMARY AGRI.SHORT TERM AND MEDIUM-TERM RURAL CREDIT SYSTEM NABARD COMMERCIAL BANKS STATE COOPERATIVE BANKS Local Area Banks REGIONAL RURAL BANKS (RRBs) DIST. CREDIT SOCIETIES (PACSs) FARMERS¶ SERVICE SOCIETIES (FSSs) LARGE-SIZED ADIVASI MULTIPURPOSE SOCIETIES (LAMPSs) RURAL BORROWERS 7 .

BANKS (SCARDBS) (20) RURAL SECTOR BORROWERS PRIMARY CO-OP AGRI. BANKS (PCARDBs) (697) 8 . & RURAL DEV.LONG-TERM RURAL CREDIT DELIVERY SYSTEM NABARD COMMERCIAL BANKS (79) REGIONAL RURAL BANKS (RRBs) (88) STATE CO-OP. AGRI & RURAL DEV.

BANKS (697) 9 .PATTERN OF THE CO-OPERATIVE CREDIT INSTITUTIOINS IN INDIA COOPERATIVE CREDIT INSTITUTIONS RURAL CO-OPERATIVE CREIDT INSTITUTIONS URBAN CO-OPERATIVE BANKS (also known as PRIMARY COOP BANKS) SHORTTERM STRUCTURE LONG TERM STRUCUTRE STATE COOPERATIVE BANKS (31) DISTRICT CENTRAL CO-OPERATIVE BANKS (370) PRIMARY AGRICULTURAL CREDIT SOCIETIES (97.000) STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANKS (20) PRIMARY CO-OPERAITVE AGRICULTURE AND RURAL DEVT.

Sign up to vote on this title
UsefulNot useful