BANKING SERVICES Page
Date
A bonk isofirancial insth hotion thataccept deposik fam
the public and lends money to booweesf
Bocksmake a psohitfam the dileence befaween the inbest
it pay o0 deposils ond Hle intestit charged on loana.
They ale cancidesed to be fhe key playes in inancial
itesay and provtion ol financial iocthhtions
They alo pscuide otbes inancial senLices, Such os finanial
management, mutual fund and aeditcasds
TYPES Of BANKS
Centsalo-opesafive Conmmescial Recicnallocal pecialized
Bank Bark Bank Rwal Bank Area Bank Bank
Dntal Bonk
These is caly cne centsal bank in each county that salafes
othes barku a! the ccontay and uosk agaueunmenta bank
Exomple- Raseve Bank io odia and Fedesal Rereve in USA.
Cental bank alopsouide tinancial assŽclance to othes bonk
fine
Lof the CAwntay in eesl of Deed benLe, it is caled
Bankess Bank fos these season
hese ase several fonchon of Cental Baak -
, Page
Date
) o-Opesative Bank
This banks aeoganiseo crdes by state qovesamernk -and
3eaisesed_ ndes the sote Coopeative Sociefia act o!
ctate in ohich they_ase lacated
They keen shont ten loans fe he apatclhual and ath
allied actiui tiet
The main_poalof Co-opelative honk Žs b sttride paooiote
cocial elfare by Dsoriding_concessohal oanc fo thened.
Ones
They ase ohganied in 3Ties sthuctse
Commes,cial Banks
Commescia Bank aue Osganised cnda banking campania a
1956.
7hey ope) ato ina comme)Cia/ bac
The maio ohjecfhve of comniesdal bank ž to ea prohit
They psouide thei sevicen in both sban abd Ruwal asea
They hae a unikied tsuclue and ae abned by ge
stote an any olhes paiate inuthtate
Poblic depacits ase main souice olkund os fhese sa
They ae huthes dáuided in 2 catacoaiel
2. Peblie Sectoa bank - Majositie of ctocks ouned by goxep
b) Poiate Sechr bank- Majonity of ctock ouwnad by pial
B) Foseign bank - he bonke with thei beacouastau
Copotaieand have branches io ow coontay.
, I)Recional Rusal Bank
This ase
special type of commescial hanke paauide concessional
Cedit to agicutuse andAusal sectol
RRB' ase established in 197S and segicesed cnde the
Regional Raesal Bank act 1976..
RRBS
ARB.s ae foint ventwer of certsal sove Dment(so1), ate
Covesnment (2s and commescial honku (3s
y)Local Area Baks
Thís tupe o! bank ane intoduced in 2996 India in the yes 1996
his ase OAganised by phiate secs.
LThe main_abiec hiue ol kocalArea Banks k ae easning psofit
paesent theisae only 4 kocal Asea BankA in Sndio and
all ase ocated in_ South Sncia
They aAe Aecistesed undes Companias Actf 1916
Axample - Coastel lecal Area Bank Ltd
V) Specialized bank
specialized bank is a sinancial inshtotion fhat focuser on a
cpecihíc eonemic ane oi cocial actiiky such aa industial.
seal estate
Lagticultual,os
Examples
a Mational Bank tos Agticul tulal and Rual Development (NABARD)
psouide tnancial assionce fos susal handicsatilloge ad
agticulhual deuelpment
(B Expostand Inpost Bank of ndia (EXIM BANK)& 0ffes loans and
othes kinancial asstetance tos expontina inposking foods
az
Saall lndustsies Developmenf Bonk of h cio CsiDB): Psouide loas
and finoncing toa mall ccale iodufies and buiineS.
Date
A bonk isofirancial insth hotion thataccept deposik fam
the public and lends money to booweesf
Bocksmake a psohitfam the dileence befaween the inbest
it pay o0 deposils ond Hle intestit charged on loana.
They ale cancidesed to be fhe key playes in inancial
itesay and provtion ol financial iocthhtions
They alo pscuide otbes inancial senLices, Such os finanial
management, mutual fund and aeditcasds
TYPES Of BANKS
Centsalo-opesafive Conmmescial Recicnallocal pecialized
Bank Bark Bank Rwal Bank Area Bank Bank
Dntal Bonk
These is caly cne centsal bank in each county that salafes
othes barku a! the ccontay and uosk agaueunmenta bank
Exomple- Raseve Bank io odia and Fedesal Rereve in USA.
Cental bank alopsouide tinancial assŽclance to othes bonk
fine
Lof the CAwntay in eesl of Deed benLe, it is caled
Bankess Bank fos these season
hese ase several fonchon of Cental Baak -
, Page
Date
) o-Opesative Bank
This banks aeoganiseo crdes by state qovesamernk -and
3eaisesed_ ndes the sote Coopeative Sociefia act o!
ctate in ohich they_ase lacated
They keen shont ten loans fe he apatclhual and ath
allied actiui tiet
The main_poalof Co-opelative honk Žs b sttride paooiote
cocial elfare by Dsoriding_concessohal oanc fo thened.
Ones
They ase ohganied in 3Ties sthuctse
Commes,cial Banks
Commescia Bank aue Osganised cnda banking campania a
1956.
7hey ope) ato ina comme)Cia/ bac
The maio ohjecfhve of comniesdal bank ž to ea prohit
They psouide thei sevicen in both sban abd Ruwal asea
They hae a unikied tsuclue and ae abned by ge
stote an any olhes paiate inuthtate
Poblic depacits ase main souice olkund os fhese sa
They ae huthes dáuided in 2 catacoaiel
2. Peblie Sectoa bank - Majositie of ctocks ouned by goxep
b) Poiate Sechr bank- Majonity of ctock ouwnad by pial
B) Foseign bank - he bonke with thei beacouastau
Copotaieand have branches io ow coontay.
, I)Recional Rusal Bank
This ase
special type of commescial hanke paauide concessional
Cedit to agicutuse andAusal sectol
RRB' ase established in 197S and segicesed cnde the
Regional Raesal Bank act 1976..
RRBS
ARB.s ae foint ventwer of certsal sove Dment(so1), ate
Covesnment (2s and commescial honku (3s
y)Local Area Baks
Thís tupe o! bank ane intoduced in 2996 India in the yes 1996
his ase OAganised by phiate secs.
LThe main_abiec hiue ol kocalArea Banks k ae easning psofit
paesent theisae only 4 kocal Asea BankA in Sndio and
all ase ocated in_ South Sncia
They aAe Aecistesed undes Companias Actf 1916
Axample - Coastel lecal Area Bank Ltd
V) Specialized bank
specialized bank is a sinancial inshtotion fhat focuser on a
cpecihíc eonemic ane oi cocial actiiky such aa industial.
seal estate
Lagticultual,os
Examples
a Mational Bank tos Agticul tulal and Rual Development (NABARD)
psouide tnancial assionce fos susal handicsatilloge ad
agticulhual deuelpment
(B Expostand Inpost Bank of ndia (EXIM BANK)& 0ffes loans and
othes kinancial asstetance tos expontina inposking foods
az
Saall lndustsies Developmenf Bonk of h cio CsiDB): Psouide loas
and finoncing toa mall ccale iodufies and buiineS.
