TYPES OF BANKS

BANKS CAN BE CLASSIFIED ON FOLLOWING BASIS:

Classification on the basis of Ownership

Public sector bank

private sector banks

Cooperative banks

Classification on the basis of Functions

commercial banks

Foreign commercial banks

Indian commercial banks

Industrial development bank

National level

State level

Agricultural bank

Cooperative banks

land development bank

Regional rural banks

Other apex banking institutions

Central bank

Export-import bank of India-EXIM bank

National housing bank

Industrial reconstruction bank of India

National bank for agriculture and rural development(NABARD)