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List of Types of Banks in India - Know the types of banks in India and the functions of the different Indian banking types. Also, get the list of banks in India. Download the notes for Banks in India PDF here.
These are the most common types of banks and include public sector banks, private sector banks, and foreign banks. They provide various services like savings and current accounts, loans, and investments.
Apr 16, 2024 · There are several types of banks in India, each with its unique characteristics and functions. In this article, we will explore the different types of banks in India, their definitions, functions, and services offered, with examples for better understanding.
Nov 17, 2023 · There are 11 types of banks, including Retail banks, Commercial banks, Investment banks, Universal Banks, Credit unions, Private banks, Savings and Loan Associations, Islamic Banks, Green Banks, Challenger banks, and Neobanks.
Cooperative Banks. Payment Banks. Small Finance Banks. Non Scheduled Banks. History of the Indian Banking System. Before studying the types of banks in India, first we will have to understand the chronology of banking. A vast chronicle of banking history describes that people were banking on the concept of the barter system.
Mar 28, 2023 · There are several types of banks including retail, commercial, and investment banks. In most countries, banks are regulated by the national government or central bank. Understanding...
Jan 29, 2022 · Different types of banks provide different services. They may specialize or cover multiple areas (retail, commercial, and investment, for example).
