Explain banking sysytem in india and differente type of bank?
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The banking system is at the heart of the financial system. The Indian banking system has the RBI at the apex. It is the central bank of the country under which there are the commercial banks including publicsector and private sector banks, foreign banks and local area banks.
Different types of banks are
Commercial banks: Commercial banks are the most important types of banks. ...
Development banks: Development banks are parts of a country's capital market. ...
Co-operative banks: ...
Land development banks: ...
Investment banks: ...
Merchant banks: ...
Foreign banks: ...
Central bank:
Different types of banks are
Commercial banks: Commercial banks are the most important types of banks. ...
Development banks: Development banks are parts of a country's capital market. ...
Co-operative banks: ...
Land development banks: ...
Investment banks: ...
Merchant banks: ...
Foreign banks: ...
Central bank:
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