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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.
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What are the salient features of Indian banking sector?
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 features of scheduled banks?
what are the feartures of scheduled banks
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".
What is the difference between the commercial banks and micro finance banks?
The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
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 IndiaICICI BankHDFC BankPunjab National Banketc
List of non-scheduled banks in India?
list of non commercial banks in India
What are non scheduled banks?
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.
No of non-scheduled banks in India?
4
What is non-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.
Definition of non scheduled banks?
a non scheduled bank is a bank which does not come under Rbi act 1949
List of Banks in Dubai?
I need the list of scheduled and non scheduled banks in UAE. Can u plz help me out Reply me at: rao176@hotmail.com
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
What are the salient features of Indian banking sector?
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.
List of non scheduled bank in Pakistan?
bank of khyber, bank of pujab, sindh bank
What are features of scheduled banks?
what are the feartures of scheduled banks
Example of non-scheduled bank?
the banks which are not under the purview of second schedule of RBI Act.
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
