Central Bank
1. Central Bank – Reserve Bank of India
Commercial Bank
2. Public Sector Bank – (Nationalised Bank) Total 26 = 14 were nationalized in 1969 +6 were
Nationalized in 1980 (out of these one bank new Bank of India was merged with PNB in 1983), + SBI +5 Subsidiary/Associates banks of State Bank of India.
3. Private Banks = RBI in 1993 gave licences to 12 Private bank in 2 phases 10 private bank in 1993 and 2 private bank in 2003-2004
4. Foreign Banks = 34 Foreign Banks are there in India.
Cooperative Bank:
Cooperative Banks = Bank those are registered under Co-operative Societies Act 1965, Co-operative Banks are also works as Commercial Bank, these are made by self Help Group, or by the Communities or by Groups.
1. Central Bank – Reserve Bank of India
Commercial Bank
2. Public Sector Bank – (Nationalised Bank) Total 26 = 14 were nationalized in 1969 +6 were
Nationalized in 1980 (out of these one bank new Bank of India was merged with PNB in 1983), + SBI +5 Subsidiary/Associates banks of State Bank of India.
3. Private Banks = RBI in 1993 gave licences to 12 Private bank in 2 phases 10 private bank in 1993 and 2 private bank in 2003-2004
4. Foreign Banks = 34 Foreign Banks are there in India.
Cooperative Bank:
Cooperative Banks = Bank those are registered under Co-operative Societies Act 1965, Co-operative Banks are also works as Commercial Bank, these are made by self Help Group, or by the Communities or by Groups.
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