3. Classification Of banks
On the basic of function
Commercial banks
Industrial banks
Agriculture banks
Exchange banks
Savings banks
Central bank
World banks
4. On the basic of ownership
1. Public sector banks
2. Private sector banks
3. Corporate banks
On the basic of domicle
1. Domestic banks
2. Foreign banks
5. on the basic of
registration
1. scheduled and non
scheduled banks
2. licensed and non
lisenced banks
6. system of banking
1. unit banking
2. branch banking
3. group banking
4. chain banking
5. deposit banking
6. investment banking
7. mixed banking
8. correspondent banking
8. lending money
1. over draft
2. cash credit
3. discounting bill of
exchange
4. money at call and short
notice
5. term loans
9. •secondary functions
agency services
1. transfer of funds
2. collection of
cheque,bill,promissory notes etc
3. execution of standing order
4. purchase and sales of securities
5. collection of divendent on
shares
6. income tax constulancy
10. general utility services
1. providing locker facility
2. issue of letter of credit
3. collection and dissemination of
information
4. underwriting securities
5. dealing in foreign exchange
6. issue of ATM cards
7. merchant banking
8. lease finacing
9. housing finace
10.factoring services
11. credit creation
meanign
limitation of credit creation
1. avalibility of primary deposit
2. cash reserve reqirement
3. avalibility of good securities
4. economic condition
5. monetary policies of the central
bank
6. avalibility of borrowers
7. attitude of people
12. role of commercial
banks/importance
1. capatal formation
2. generation of employement
opportunities
3. improves standard of living
4. developement of rural areas
5. facilities monetary policies