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Banks have a number of classifications based on the type of business they are engaged in. Here is a list of bank classification:

* central bank;

* commercial bank;

* wholesale banks;

* savings banks; and

* investment banks.

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Are banks and investment companies classified as industrial types of businesses?

no


Which group would be classified as a stakeholder Options Banks Suppliers Employees All of these?

All of these groups—banks, suppliers, and employees—can be classified as stakeholders. Stakeholders are individuals or entities that have an interest in the operations and outcomes of a business. Banks provide financial support, suppliers offer essential goods and services, and employees contribute to the company’s productivity and culture. Therefore, each group plays a vital role in the success of the organization.


What are the five kinds of bank form?

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:Commercial/Retail BanksPrivate BanksInvestment BanksRural BanksCo-operative BanksIndustrial BanksEtc.


What classification is a whale?

In business, especially entrepreneurial businesses, one is classified as a whale if one has lots of money to invest. Other classifications include angel investors, stockholders, banks and so forth.


Classification of financial institutions?

These are the intermediation that mobilized savings and helps in allocation of Funds in efficient manner. Financial Institutions can be classified as Banking and Non-Banking Financial Institutions are of two types schedule, can be Commercial Banks and Schedule Co-Operative Bank. The Schedule Commercial Banks can be Further classified into Public Sector Bank, Private Sector bank, Foreign Sector Bank. In India the Non-Banking Institution are of two types, i.e. Non-Banking Financial Companies & Development Financial Institutions.

Related Questions

Are banks and investment companies classified as industrial types of businesses?

no


What kind of banks available in India?

There are numerous banks in India. By category, their numbers are as follows:Registered Commerical Banks - 67Rural or Grameen Banks - 32Urban Co-operative Banks - 11The full list of the bank names can be found in the link in the related links section of this answer


What are the classification of banks?

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.


What are the types of commercial banks?

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


Which group would be classified as a stakeholder Options Banks Suppliers Employees All of these?

All of these groups—banks, suppliers, and employees—can be classified as stakeholders. Stakeholders are individuals or entities that have an interest in the operations and outcomes of a business. Banks provide financial support, suppliers offer essential goods and services, and employees contribute to the company’s productivity and culture. Therefore, each group plays a vital role in the success of the organization.


How are financial institutions classified?

Financial institutions are classified by the services they provide. They fall into two main groups: depository and non-depository institutions. Different types of financial institutions include commercial banks, credit unions, mutual savings banks, savings and loans, insurance companies, pension funds, finance companies, and mutual funds.


What are the five kinds of bank form?

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:Commercial/Retail BanksPrivate BanksInvestment BanksRural BanksCo-operative BanksIndustrial BanksEtc.


What classification is a whale?

In business, especially entrepreneurial businesses, one is classified as a whale if one has lots of money to invest. Other classifications include angel investors, stockholders, banks and so forth.


Is IDBI an associate of reserve bank?

it comes under "other public sector Banks" classified by RBi. every bank has to get approval from RBI to get started. IDBI is fully owned by Govt of India now


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The expression burst their banks means that they overflowed their banks.


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Specialized Banks are the banks, which are formed to fulfill specific requirements of business industries and export units.Export-Import Banks, Industrial Development Banks, Foreign Exchange Banks are the Examples of Specialized Banks.