Banks in India

  1. Banks in India can be broadly classified under two heads, commercial banks and cooperative banks.
  2. 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.
  3. 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.
  4. Co-operative banks have a three tier structure u2014
  5. primary (agriculture or urban) credit societies,
  6. district central co-operative banks and
  7. at the apex level, state co-operative banks.

Accounting & Finance for Banking

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Accounting and Finance for Banking Module A Pdf

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Accounting and finance for bankers all ePDFs are available in our an app. Get them all at https://iibf.info/app
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