Banking

What is the difference between scheduled and unscheduled bank?

Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act. Non-scheduled bank in India" means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank".

Difference between schedule bank and nonschedule bank?

Scheduled bank" means a bank included in the Second Schedule of the Reserve Bank of India Act, 1934.

What is the difference between a scheduled bank and public sector bank?

A scheduled bank is a private sector bank given a schedule status by the RBI while a Public sector bank is a government undertaking bank .Some scheduled bank were nationalised to merge with other public sector bank or operate independently as government undertaking banks.

Difference between nationalised bank and scheduled banks?

nationalized means govt controls it while scheduled banks are ltd pvt companies only controlled by RBI

What is Unscheduled bank?

An Unscheduled Bank is one which is defined in clause (c) section 5 of the Banking Regulation Act 1949.

What is the difference in scheduled non scheduled banks?

a schedule bank is one authorized by reserve bank of India to act as a banker (under section 2 (e) of RBI Act. only scheduled banks can do banking business in India. RBI is has direct control over the functioning of Scheduled Banks. Non-scheduled bank in India are banks defined in section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank.

What is the difference between a bank loan and a bank credit?

What is the difference between bank loan and bank credit?

Is Saraswat Bank a scheduled bank?

Yes, Saraswat Bank is a scheduled bank. In 1988, it was conferred with scheduled status by Reserve Bank of India.

Is Shamrao Vithal Bank is Scheduled Bank?

Yes it is a scheduled bank

Difference between development bank and commercial bank?

what is the difference between commercial and development bank

Is ICICI bank India a scheduled bank?

Yes ICICI bank is a scheduled bank

Is OBC bank a scheduled bank?

Yes. Oriental Bank of Commerce is a Scheduled bank.

Why bank of rajasthan not included in scheduled bank list?

Rajasthan Bank is a Scheduled private bank as per the Reserve Bank of India regulations and is authorized to provide banking services in India. It was classified as a Scheduled Bank in the year 1948. They are a Scheduled bank and hence there is no reason about why they were not included in the scheduled banks list.

Is axis bank scheduled bank of India?

Yes it is a scheduled commercial bank in india

What do you mean by non-scheduled bank?

Schedule bank are bank which bank maintining CRR in RBI called Scheduled bank, Non-Scheduled bank reverse. its my thoughts if want go for others information

What is non-scheduled bank in Bangladesh?

non scheduled bank is a bank which not controlled by central bank like, accf bank

Is shinhan bank is approved scheduled bank by RBI?

Yeh, Shinhan bank is Scheduled commercial bank approved by RBI.

Difference between rbi and commercial banks?

difference between commercial bank and reserve bank of india

What is the difference between old banks and new banks?

What is the difference between old bank and new bank

Is HDFC Bank a Scheduled Bank?

Yes, HDFC is a scheduled bank which is listed in the second schedule of the RBI Act.

Whether ING Vysya Bank is a Scheduled Commercial bank?

YEs it is a scheduled Commercial Bank Vivek Kailas

How scheduled bank become multi state scheduled bank?

When an bank has its operations and branches in different states of a country.

What is the meaning of scheduled bank and which are scheduled banks?

A Scheduled bank as per the Reserve Bank of India regulations is a bank that is authorized to provide banking services in India. Without RBI authorization no bank is supposed to provide banking services in India. Some Scheduled banks in India are: State bank of india icici bank hdfc bank punjab national bank etc

Difference between commercial bank and private bank?

The main difference between a commercial bank and a private bank is the involvement of the central bank. In a private bank, the central bank does not have any stakes like it does in commercial banks.

Is j and k bank scheduled or non scheduled bank?

Jammu and Kashmir Bank is a scheduled private commercial bank in India. It is authorized by the Reserve Bank of India to provide banking operations in the country. It is a private bank and so it is not owned by the Government of India.

What are differences between commercial bank and non bank financial institution?

difference between non bank and commercial bank?

Is export import bank of India scheduled bank?

No, Export-Import Bank of India is not a scheduled bank. Exim Bank is a Financial Institution which is 100% owned by the Government of India.

Is Federal Bank a scheduled bank?

Yes, Federal Bank is a scheduled bank. Yes. Federal bank is a scheduled private bank in India. It is a privately held company headquartered in Kochi, Kerala. Mr. Shyam Srinivasan is the Managing Director and CEO of Federal Bank. It is more than 700 branches in India.

Definition of scheduled bank?

A Scheduled bank as per the Reserve Bank of India regulations is a bank that is authorized to provide banking services in India. Without RBI authorization no bank is supposed to provide banking services in India. Some Scheduled banks in India are: · State bank of india · icici bank · hdfc bank · punjab national bank · etc

What is a difference between nationalized bank and public sector bank?

i think nationalised bank and public sector bank is same, there is no any difference . but i am confused

Definition of non scheduled banks?

a non scheduled bank is a bank which does not come under Rbi act 1949

Is dhanlaxmi bank a scheduled bank?

it is co-operative bank. not nationalised bank.

List of non scheduled bank in bangladsh?

There are now 4 non-scheduled banks in Bangladesh which are: Ansar VDP Unnayan Bank, Karmashangosthan Bank, Probashi Kollyan Bank, Jubilee Bank

What is the difference between bpi savings bank and bpi family savings bank?

no difference, they are one and the same

What is exact meaning of scheduled bank?

A Scheduled Commercial Bank is a bank that is registered with the Reserve Bank of India and is authorized by the RBI to provide banking services. Without the approval from RBI a bank cannot provide banking services in India. There are many scheduled commercial banks in India. Some are: ICICI Bank, State Bank of India, HDFC Bank, Bank of Baroda etc

What is the difference between bank and banking?

Bank = noun Banking = Verb

Is bank of rajasthan a schedule bank?

Yes, Bank of Rajasthan is a Scheduled private bank as per the Reserve Bank of India regulations and is authorized to provide banking services in India. It was classified as a Scheduled Bank in the year 1948

What is scheduled commercial bank?

Scheduled Commercial Banks In India The commercial banking structure in India consists of: Scheduled Commercial Banks in India Unscheduled Banks in India Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act. As on 30th June, 1999, there were…

What is the difference between state bank and icici?

State bank is a nationalized bank whereas ICICI is a private bank.

List of non scheduled bank in Pakistan?

bank of khyber, bank of pujab, sindh bank

Whether ICICI Bank Schedule Bank?

Yes, ICICI bank is a scheduled commercial bank

Difference between public bank and a private bank?

comparision of p.b and p.b

What is the difference between gene library and gene bank?

There is no difference between a gene library and a gene bank. They are both terms to refer to cloned DNA fragments of an organism.

What is the difference between Bank of Nova Scotia and Scotia Bank?

Nothing, different names for the same bank.

What is difference between universal bank and commercial bank?

The difference between a universal bank and a commercial bank is that a universal bank generally offers more services than the commercial bank does. A universal bank offers additional services such as underwriting, intermediary services for issuers of securities and the public that would like to invest, and more.

What is the meaning of schedule banks?

A Scheduled Bank is a bank that is approved by the Reserve bank of India to provide banking services to customers inside the borders of India. some scheduled banks in India are: State Bank of India ICICI Bank HDFC Bank Punjab National Bank etc

What is a difference between icici bank and Punjab national bank?

icici is a private sector bank,Punjab national bank is a public sector bank

You need to know the difference between a bank book and a cheque?

I do know the difference. What is your question?

What is the difference between an investment bank and a commercial bank?

If you think you knw you dont know the answerr

What is the difference between a government bank and nationalised bank?

the government bank is run by the state government and the nationalised bank is run by the federal government

What is difference between public sector banks and nationalized banks?

Nothing. There is no difference. Because the term public sector bank and nationalized bank refers to the same thing. A bank that is owned by the government. Since it means the same thing, there cant be any difference between the two terms.