There are many private Banks in India that are scheduled by the RBI to provide banking services in India. The major ones are:
a. Axis Bank
b. Bank of Rajasthan
c. Bharat Overseas Bank
d. Catholic Syrian Bank
e. Dhanalakshmi Bank
f. South Indian Bank
g. City Union Bank
h. Federal Bank
i. HDFC Bank
j. ICICI Bank
k. IndusInd Bank
l. ING Vysya Bank
m. Jammu & Kashmir Bank
n. Karnataka Bank
o. Karur Vysya Bank
p. Kotak Mahindra Bank
q. Lakshmi Vilas Bank
r. Nainital Bank
s. Ratnakar Bank
t. Saraswat Bank
u. Tamilnad Mercantile Bank
v. YES Bank
The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.
what are the feartures of scheduled banks
Yes. Axis Bank is a scheduled bank in India under Private Sector Banks category.
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.
Private banks will not get any type of government assistance. Most private banks are still closed on many federal holidays.
Commercial banks can be classified based on who owns them. they are:Public commercial banks - The banks that are owned by the governmentPrivate commercial banks - The banks that are owned by private individuals or companiesForeign commercial banks - The banks that are owned by individuals or companies that are incorporated outside the country where the bank operates
The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.
what are the feartures of scheduled banks
Total number of private commercial banks is 36 including 8 Islamic commercial banks. And there are 9 foreign commercial banks in Bangladesh.
Yes. Axis Bank is a scheduled bank in India under Private Sector Banks category.
name schedual banks
yes 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 300 scheduled banks in India having a total network of 64,918 branches.The scheduled commercial banks in India comprise of State bank of India and its associates (8), nationalised banks (19), foreign banks (45), private sector banks (32), co-operative banks and regional rural 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.
In India, non-scheduled banks are those banks which does not follow the guidelines and rules of RESERVE BANK OF INDIA. most of the cooperative banks are non- scheduled banks in India. thatswhy many scams were happened as they were not controlled by RBI.
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Non scheduled banks are those banks which are not registered under schdule of RBI act, 1934. In india, only Jammu & Kashmir bank is non schduled bank.