Commercial banks can be classified based on who owns them. they are:

1. Public commercial banks - The banks that are owned by the government
2. Private commercial banks - The banks that are owned by private individuals or companies
3. Foreign commercial banks - The banks that are owned by individuals or companies that are incorporated outside the country where the bank operates

Specialized Banks are the banks, which are formed to fulfill specific requirements of business industries and export units.

Export-Import Banks, Industrial Development Banks, Foreign Exchange Banks are the Examples of Specialized Banks.