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The functions of private banks is different in different localities. Some are the same as national banks and others deal with stocks and bonds and foreign exchange.
Banking is the activity using which individuals can deal with money. Saving, lending, spending etc. comes under banking. There are many different types of banks. Some of them are: a. Commercial or Retail Banks b. Private Banks c. Investment Banks d. Central Banks e. Rural Banks f. Etc.
Savings,checkings,and money market accounts are offered by retail banks.
There are several different banks in the Maldives that provide private banking services to their customers. Banks such as, Bank of Maldives, and Maldives Islamic Bank provide provide banking services to their customers.
Private banks will not get any type of government assistance. Most private banks are still closed on many federal holidays.
That would depend on where you live but cooperative banks are normally private banks owned by the people (but not the government).
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Banks can be broadly classified into many categories based on the functions they perform and based on the services they offer. Some of the types of banks are: 1. Commercial/Retail Banks 2. Private Banks 3. Investment Banks 4. Rural Banks 5. Co-operative Banks 6. Industrial Banks 7. Etc.
Private sector banks is a bank that is owned by the private individual. Thats bank called private sector bank.
Banking is the activity using which individuals can deal with money. Saving, lending, spending etc. comes under banking. There are many different types of banks. Some of them are: a. Commercial or Retail Banks - Provide general banking services b. Private Banks - Provide personalized banking services to wealthy clients c. Investment Banks - Provide investment management services d. Central Banks - Banker and Regulator of all banks e. Rural Banks - Provide banking services to rural customers f. Etc.
There are numerous banks in India. By category, their numbers are as follows:Registered Commerical Banks - 67Rural or Grameen Banks - 32Urban Co-operative Banks - 11The full list of the bank names can be found in the link in the related links section of this answer
There are numerous banks in India. the approximate numbers are as follows:a. Nationalized Banks - 27b. State Bank Group - 8c. Private Banks - 30d. Foreign Banks - 40Some private banks are:ICICI BankHDFC BankAxis BankKotak Mahindra Banketc