short note of schedule bank?
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Schedule bank is a type of bank which is not open every time. it is open only the time of loan or during the highly anticipated insurance.It is mainly available at industrial banks.
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Definition of Scheduled Bank
Scheduled Banks as the name suggest are the banks, which are accounted in the Second Schedule of the Reserve Bank of India (RBI) Act, 1934. ... The bank requires to satisfy the central bank that its affairs are not carried out in a way that causes harm to the interest of the depositors.
Scheduled Banks as the name suggest are the banks, which are accounted in the Second Schedule of the Reserve Bank of India (RBI) Act, 1934. ... The bank requires to satisfy the central bank that its affairs are not carried out in a way that causes harm to the interest of the depositors.
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