TYPES OF BANK

TYEPS OF BANK

• CENTRAL BANK
• COMERCIAL BANK
• DEVELOPMENT BANK
• CORPORATION BANK

1. CENTRAL BANK :-   A bank which is intrested with function of guiding a regulating                                                                        the banking system of the country are known as Central Bank.

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RBI is the CENTRAL BANK of India which have been formed by RBI ACT 1934.

headquater:- CALCUTA & shifted in 21july 1997 in MUMBAI.

2. COMERCIAL BANK :-      It is financial institution thats excepension deposite from the                                                                            people and advance loan give to the people.

                                               Comercial Bank are established are all the provision                                                                                       regulation act 1949.

TYPES OF COMERCIAL BANK (CB)

• PUBLIC SECTOR BANK :-   Where majority of stake(share) is held by current of India                                                               or more than 51% share are held by Government.                                                                           ex- SBI, PNB, BOI, Etc.

• PRIVATE SECTOR BANK :- Where majority of stake(share) is held by the Private                                                                      Bank or more than 51% share are held by Private Bank.                                                                ex- YES BANK, AXIS BANK,ICICI BANK, Etc.

• FOREGIN BANK :-               These are the bank which are registeredand have their                                                                   headquater in Foregin country But CO-Operate their bank in our                                                  country (INDIA).                                                                                                                                Ex- HSBS (HONG KONG Sandhi Bank Corporation).

3. DEVELOPMENT BANK :-          Bussiness often required medium & long term for purchase of                                                                          machinary and equipment for expension and mordenisation.                                                                            Such financial asistance is provided by Development Bank.

                                                        Ex- IFCBI (INDUSTRIAL FINANCE CORPORATION BANK                                                                            OF INDIA), SFC (STATE FINANCE CORPORATION)

4. CORPORATION BANK :-          When people come together to jointly serve their common                                                                                interest often form a corperative society. Under the corporative                                                                       society act.

                                                        All society Bank are different-different our act.

PUBLIC SECTOR BANK:-

1.  ALLAHABAD BANK                   
2.  ANDHARA BANK                                               

3.  BANK OF BAODA

4.  BANK OF INDIA

5.  BANK OF MAHARASTRA

6.  CANARA BANK

7.  CENTRAL BANK OF INDIA

8.  CORPORATION BANK

9.  DENA BANK

10. INDIAN BANK

11. INDIAN OVRSEAS BANK

12. IDBI BANK

13. ORIENTAL BANK

14. PUNJAB AND SINDH BANK

15. PUNJAB NATIONAL BANK

16. STATE BANK OF INDIA

17. SYNDICATE BANK

18. UCO BANK

19. UNION BANK OF INDIA

20. UNITED BANK  OF INDIA

21. VIJAYA BANK

PRIVATE BANK:-

1. AXIS BANK

2. BANDHAN BANK

3. CATHOLIC BANK

4. CITY UNION BANK

5. DCB BANK

6. DHANLAXMI BANK

7. FEDERAL BANK

8. HDFC BANK

9. ICICI BANK

10. IDFC BANK

11. INDUSIND BANK

12. JAMMU & KASHMIR BANK

13. KARNATKA BANK

14. KARUR VYSYA BANK

15. KOTAK MAHINDRA BANK

16. LAKSHMI VILAS BANK

17. NANITAL BANK

18. RBL BANK

19. SOUTH INDIAN BANK

20. TAMILNAD MERCANTILE BANK

21. YES BANK