Classification of banks PPT.pptx

Classification of Banks

1. Classification of Banks

2. A:- Commercial Banks Commercial bank is a Financial Institutions that accept deposites after checking and Sewing account services and Make a loans. The four type of a commercial bank 1:- Public sector banks 2:- Private sector banks 3:- Foreign sector banks 4:- Differntial banks

3. 1:-Public Sector Banks public sector, portion of the economy composed of all levels of government and government-controlled enterprises. It does not include private companies, voluntary organizations, and households.

4. 2:- Private Sector Bank . Private Sector Banks are the banks in which private individuals own and maintain the majority of the shares or equity.

5. 3:- Foreign Sector Banks A foreign bank branch is a type of foreign bank that is obligated to follow the regulations of both the home and host countries.

6. 4:- Differential Banks Differentiated banks are banking institutions licensed by the RBI to provide specific banking services and products. It is a system refers to the system of different licenses for different sub components of the banking sector such as Limited Banking License, Commercial Banking License etc. Their are two types of Differential Banks 1:- Payment Bank 2:- Small finance Banks

7. B:- Co-operative Banks A co-operative bank is a small-sized, financial entity, where its members are the owners and customers of the Bank. They are regulated by the Reserve Bank of India (RBI) and are registered under the States Cooperative Societies Act. Their are three types of Co-operative banks 1:- State Co-operative Bank 2:- Central Co-operative Bank 3:- Primary Co-operative Bank

8. 1:- State Co-operative Banks At the top of the Co - operative banking there are State Cooperative Bank organised with the object of attracting deposits from the rich urban classes . this Bank also more suitable equi ped to serve as channel between the Co - operative movement and the joint stock banks

9. 2:- Central Co-operative Banks A Central Cooperative Bank is a Federation of primary societies in specified area where membership of cooperative banks is restricted to primary societies only it is no as a banking Union

10. 3:- Primary Agricultural Credit Societies A primary society is an association of borrowers and non borrows re siding in a particular locality and taking interest in the business affairs of one another .

11. C:- Specialized Banks Three types of Specialized Banks 1:- NABARD (NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT) 2:- EXIM BANK ( EXPORT AND IMPORT BANK) 3:- SIDBI ( SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA)

12. 1:- NABARD National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India. It is under the jurisdiction of Ministry of Finance, Government of India.

13. 2:- EXIM BANK Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies. Exim Bank serves as a growth engine for industries and SMEs through a wide range of products and services

14. 3:- SIDBI Small Industries Development Bank of India is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of Ministry of Finance, Government of India headquartered at Lucknow and having its offices all over the country.

15. D:- Regional Rural Banks Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance , Government of India. They were created to serve rural areas with basic banking and financial services. Owners:- 1- govt.of India = 50% 2- state govt. =15% 3- sponcered bank= 35%