Indian Banking System-structure
ØMultilayered and Diverse Composition
ØConsists of:
ØScheduled Commercial Banks – 89
ØPublic Sector Banks – 26 [Nationalised
Banks – 20 and State
Bank Group – 6]
ØPrivate
Sector Banks – 20
ØForeign
Banks – 43
ØRegional Rural Banks – 62
ØLocal Area Banks – 4
ØRegistered Non Banking Finance
Companies – 12,225 [ Including 254 Deposit Taking NBFCs]
ØUrban Co-cooperative Banks – 1606
ØRural Co-operatives – 93656 [ PACs –
93255, DCBs – 370 and
SCBs – 31]
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