Want this question answered?
difference between non bank and commercial bank?
comparision of p.b and p.b
A nationalized bank is owned by the government (and therefore, by the people). A private bank is owned by a person or corporation.l
pls tell me what is private domestic commercial bank
State bank is a nationalized bank whereas ICICI is a private bank.
public bank is state owned banks whereas private banks are owned by private individuals or entities.
Most of the time, the biggest difference between pubic and private banks is that public banks typically have government ownership and private ones are businesses with strict profits in mind. Additionally, many public banks are poorly operated in comparison to their private counterparts.
icici is a private sector bank,Punjab national bank is a public sector bank
The biggest difference is the risk level. Banks are more regulated than a finance company. Finance company's maybe able to lend money or credit to someone who was unable to obtain funds from a bank.
private banks are the banks for wealthy people, the private banker invest the client's money in the stock marketor others investments, takes care of tax issues
Actually the services provided by a commercial bank and a rural bank are the same. They both provide bank accounts, accept deposits, grant loans etc. to its customers. The only difference between the two is the population they serve. Commercial banks serve the general population of the country that live in cities and towns whereas the rural banks serve the customers from the rural villages of the country.
No difference -- they are one and the same business entity. BPI Family Savings Bank, a savings/thrift bank, is a wholly-owned subsidiary of Bank of the Philippine Islands (BPI), a commercial bank.