Professional Documents
Culture Documents
Presented
By
C. Kavya
TYPES OF BANKS
Types of
Banks
Commercial
Cooperative Bank
Bank
Regional
Public Private Foreign Urban Rural
Rural
Sector Sector Bank Bank Bank
Bank
SCHEDULED BANKS
• Schedules banks are covered under the 2nd Schedule
of the Reserve Bank of India Act, 1934.
• All the banking rules and regulations laid down by the RBI will
be applicable on private sector banks as well.
Raises money from Public Revenue like tax, Issuing shares and
duty, penalty etc. debentures or by taking
loan
• Coastal Local Area Bank Ltd : This bank was established on 27th
December 1999. There are three contiguous districts. Krishna,
Guntur and West Godavari. Its head office is located at
Vijayawada in Andhra Pradesh.
• Capital Local Area Bank Ltd : This bank was established on
14th January 2000. There are three districts viz. Jalandhar,
Kapurthala and Hoshiarpur in Punjab. The head office is at
Phagwara (Punjab).
• Krishna Bhima Samruddhi Local Area Bank Ltd : This bank
was established on 28th February 2001. Districts of
Mahbubnagar in Andhra Pradesh and Raichur and Gulbarga in
Karnataka with its head office at Mahbubnagar(Andhra
Pradesh).
• Subhadra Local Area Bank Ltd,Kolhapur : This is smallest
Local Area Bank with only 8 branches. Its head office is in
Kolhapur.