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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.
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∙ 13y ago
Wiki User
∙ 13y agoregional.national.subbgioal,community,independet, investment , e,commercial,insurance ,brokerage!
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How does the economy affect banks?
Commercial banks - NO. National banks - YES.
How is federal reserve system affiliated with banks?
Actually the federal reserve system is not affiliated with any banks. The banks are affiliated to the federal reserve. The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)
Who regulates interest rates?
To a certain extent the banks do. But the Fed, which lends money to banks, can have an impact on it depending on what interest they charge the banks.
Top 20 banks in the Philippines?
allied banks and a lot more!
What are the functions of Thrift Banks?
Thrift banks originate home loans.
Classification of Banks in India?
Classification of Banks in India is done into four main classes. The classes include commercial banks, savings banks, public sector banks and private sector banks.
How are banks classified?
Banks have a number of classifications based on the type of business they are engaged in. Here is a list of bank classification: * central bank; * commercial bank; * wholesale banks; * savings banks; and * investment banks.
What is Classification of banks on the basis of ownership?
classification of banks on the basis of ownership consist the following branches 1) public bank 2)private bank 3)nationalize bank 4)statutory bank 5)chartered bank
What is banking and state its classification?
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.
What is the scientific name or taxonomic classification of the Rose flower Lady Banks?
The scientific name of the Lady Banks rose is Rosa banksiae. It belongs to the genus Rosa and the family Rosaceae.
What is the scientific name or taxonomic classification of the Rose flower White Lady Banks?
The scientific or taxonomic name would be Rosa banksiae lutea.
What is the IRAC norms in India?
IRAC stands for Income Recognition, Asset Classification Norm stipulated by the Reserve Bank of India for Banks and Financial Institutions.
What groups are part of national commercial banks?
This classification includes commercial bank and trust companies (accepting deposits) chartered under the National Bank Act.
What groups are part of the Central Reserve Depository Institutions?
This classification includes central reserve depository institutions, other than federal reserve banks, primarily engaged in providing credit to and holding deposits and reserves for their member commercial banks, thrift and loan.
What is the prudential norms of the banks?
Prudential norms relate to income recognition,asset classification,provisioning of NPAs and capital adequacy ratios( capital to risk weighted asset ratio, CRAR)
What classification is a whale?
In business, especially entrepreneurial businesses, one is classified as a whale if one has lots of money to invest. Other classifications include angel investors, stockholders, banks and so forth.
Differentiate between book classification and knowledge classification?
difference between knowledge classification and book classification?
