What are the types of commercial banks?

Answer 1

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

Answer 2

Scheduled banks and non scheduled banks .

Scheduled banks comes under RBI act 1934 and some of the scheduled banks are Public sector banks , private sector banks and foreign banks ... Non scheduled banks are not included under RBI 1934 act

Answer 3

private banks

nationalised banks

co-operative banks

foreign banks

Answer 4

Some common types of banks are:

• Retail banks
• Investment Banks
• Wholesale Banks