The document outlines the structure of India's banking system. It describes the roles of the Reserve Bank of India (RBI), scheduled banks, non-scheduled banks, scheduled cooperative banks, nationalized banks, regional rural banks, and the State Bank of India. The RBI was established in 1934 and was India's first nationalized bank. Scheduled banks must meet capital requirements and not jeopardize depositor interests. Non-scheduled banks are not included in RBI regulations and are ineligible for RBI loans. Cooperative banks were established to serve rather than profit. Most public sector banks are referred to as nationalized banks. Regional rural banks were created to increase credit flow and resources in rural areas. The State Bank of India
3. RBI
• RBI WAS ESTABLISHED BY RBI ACT
1934.
• RBI WAS THE 1ST NATIONALISED BANK
IN INDIA.
4. SCHEDULED BANKS
• BANKING ACTIVITIES DO NOT EFFECT THE
INTERESTS OF DEPOSITERS.
• PAID UP CAPITAL SHOULD NOT BE
LESS THAN FIVE
LAKH RUPEES.
5. NON SCHEDULED BANKS
• BANKS WHICH ARE NOT INVOLVED IN THE
2nd SCHEDULE OF RBI ACT ,1934.
• THESE BANKS ARE NOT ELIGIBLE FOR
LOANS FROM RBI.
6. SCHEDULED COOPERATIVE BANKS
• THE SCHEDULED COOPERATIVES BANK WERE
ESTABLISHED ON THE BASIS OF COOPERATIVE
SOCITY ACT 1905.
• COOPERATIVE BANKS MOTTO IS SERVICE NOT
PROFIT.
7. NATIONLISED BANKS
• IN INDIAN BANKING SCENARIO,MOST OF THE
PUBLIC SECTOR BANKS ARE REFFERED AS A
NATIONLISED BANKS.
8. REGIONAL RURAL BANKS
• THE PURPOSE IS TO INCREASE CREDIT FLOW TO
RURAL AREAS.
• TO MOBILIZE FINANCIAL RESOURCES FROM
RURAL AREAS AND GRANT LOANS.
• RRB WERE ESTABLISHED UNDER THE PROVISIONS
OF AN ORDINANCE PASSED ON THE RRB ACT 1975.
9. STATE BANK OF INDIA
• IT IS THE LARGEST PUBLIC SECTOR BANK IN INDIA.
• IT IS A GOVERNMENT OWNED CORPORATION WITH
ITS HEAD QUARTERS LOCATED AT MUMBAI.
