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

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12y ago

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Related Questions

Is Repco bank is approved by RBI?

yes it comes under multi state scheduled co-operative bank


Is Tripura state cooperative bank a scheduled bank?

No.


Is bank of bikaner a scheduled bank?

State Bank of India is the largest bank in India and is also a nationalized bank that has many banks that are associated with it (Actually it owns and controls these banks) An Associate Bank of SBI is just a normal bank that can provide any and all banking services to its customers. The only point to note is that, State Bank of India owns and controls them. The associate banks of SBI are: a. State Bank of Bikaner & Jaipur b. State Bank of Hyderabad c. State Bank of Indore d. State Bank of Mysore e. State Bank of Patiala f. State Bank of Travancore Since State bank of Bikaner and Jaipur is a member bank of State Bank of India which is the largest scheduled bank in India, it is a scheduled bank too


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


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


Is OBC bank a scheduled bank?

Yes. Oriental Bank of Commerce is a Scheduled bank.


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


List of non scheduled bank in Pakistan?

bank of khyber, bank of pujab, sindh bank


What is non-scheduled bank in Bangladesh?

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


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 do you mean by scheduled and non scheduled commercial banks?

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 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. "Scheduled banks in India" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), or any other bank being a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934), but does not include a co-operative bank". "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". The following are the Scheduled Banks in India (Public Sector): State Bank of India State Bank of Bikaner and Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Saurashtra State Bank of Travancore Andhra Bank Allahabad Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank Indian Overseas Bank Indian Bank Oriental Bank of Commerce Punjab National Bank Punjab and Sind Bank Syndicate Bank Union Bank of India United Bank of India UCO Bank Vijaya Bank The following are the Scheduled Banks in India (Private Sector): ING Vysya Bank Ltd Axis Bank Ltd Indusind Bank Ltd ICICI Bank Ltd South Indian Bank HDFC Bank Ltd Centurion Bank Ltd Bank of Punjab Ltd IDBI Bank Ltd The following are the Scheduled Foreign Banks in India: American Express Bank Ltd. ANZ Gridlays Bank Plc. Bank of America NT & SA Bank of Tokyo Ltd. Banquc Nationale de Paris Barclays Bank Plc Citi Bank N.C. Deutsche Bank A.G. Hongkong and Shanghai Banking Corporation Standard Chartered Bank. The Chase Manhattan Bank Ltd. Dresdner Bank AG.