Schedule banks are those which are included in the Second Schedule of Banking Regulation act 1965; others are non schedule banks. To be included in the Second Schedule, a bank (a) must have paid up capital and reserves of not less than Rs. 5 lakhs (b) it must also satisfy the RBI that its affairs are not conducted in a manner detrimental to the interests of its depositors. Schedule banks are required to maintain a certain amount of reserves with the RBI; they in return, enjoy the facility of financial accomodation and remittance facilities at concessional rates from RBI. The difference between schedule and non schedule is immaterial as the number of non schedule bank is almost nil.
About 100,000 a year.
The difference is fast colors won't "bleed" their color and the non fast will.
The Pandiyan Grama Bank in Tamil Nadu, India, is a schedule public sector bank. It was founded at Sattur on March 9, 1977. It was shifted to Virudunagar in 1993. It helps to finance the agricultural and non agricultural sectors of rural India.
one syllable LOL
None, as both are usually biological parents.
difference between non bank and commercial 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
the banks which are not under the purview of second schedule of RBI Act.
difference between a proposition and non proposition
the banks which are not under the purview of second schedule of RBI Act.
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".
The main difference between financial and non financial institutions is in their functions. Financial institutions will accepts deposits and offer financial services like loans and so on while non-financial institutions do not engage in financial activities.
Agriculture is farming and non-agriculture is non farming.
Difference between typing and non typing keys
The main difference between hybrid and non-hybrid vehicles is that hybrid vehicles use a bank of batteries along with an electric motor to power the car.
Discuss the difference between managerial and non managerial tasks?
what is difference between operatyional and non operational communication