Thrift banks originate home loans.
In the late 1990s, the American banking industry included 9,100 commercial banks and 1,800 thrift institutions
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.
A Public Sector bank is one in which, the Government of India holds a majority stake. It is as good as the government running the bank.Since the public decide on who runs the government, these banks that are fully/partially owned by the government are called public sector banks.
Commercial banks - NO. National banks - YES.
Thrift, in a good sense; and miser, tight-wad or penny-pincher in a bad sense.
rural banks are concern only on mobilizing and giving financing needs to rural areas while Thrift banks are providing services to the thrift or savers meaning rural banks grant loans to small farmers and thrift banks cater the depository of the savers.
http://www.automotivedigest.com/research/research_results.asp?sigstats_id=541 lists the top 20 thrift banks in the U.S. for 2003.
Thrift Institution is the general term for savings banks, savings and loan associations, and credit unions
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.
I'm still searching..............
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.
In the late 1990s, the American banking industry included 9,100 commercial banks and 1,800 thrift institutions
Thrift banks are also known as Savings and Loan Associations. They focus on taking deposits and originating home mortgages. They often have access to low cost funding from Federal Home Loan Banks, which means they have greater liquidity for mortgage loans and higher savings account yields for customers. Rural banks (or rural banking) is a bank located in a rural area that offers regular banking to those in the area.
functions of kenya commercial bank
Thrift Factory
An organization formed for the purpose of holding deposits for individuals; examples include savings banks and savings and loans.
specialized banksfunction &policis