- Banks in India can be broadly classified under two heads, commercial banks and cooperative banks.
- While commercial banks (nationalised banks, State Bank group, private sector banks, foreign banks and regional rural banks) account for an overwhelming share of the banking business, co-operative banks also play an important role.
- Initially set up to supplant indigenous sources of rural credit, particularly money lenders, today Co-operative Banks mostly serve the needs of agriculture and allied activities, rural-based industries and to a lesser extent, trade and industry in urban centers.
- Co-operative banks have a three tier structure u2014
- primary (agriculture or urban) credit societies,
- district central co-operative banks and
- at the apex level, state co-operative banks.
Welcome! Log into your account
Recover your password
A password will be e-mailed to you.
Principles and Legal Banking Videos
PPB Module D 4th Class | PPB Module D Class 50 | Principles and Practices of Banking
LRAB Class - 1 Daily Free Live Classes | Legal and Regulatory Aspects of Banking
Non Performing assets | PPB Module B Class 35 | Principles and Practices of Banking
Memory Recalled Questions | PPB Module B Class 26 | JAIIB Live Class
Negotiable Instruments | PPB Module B Class 21 | JAIIB - Bank Promotion Class