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In simple words, Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit. However, with the passage of time, the activities covered by banking business have widened and now various other services are also offered by banks. The banking services these days include issuance of debit and credit cards, providing safe custody of valuable items, lockers, ATM services and online transfer of funds across the country / world.
We have covered Indian Banking System structure.
Objectives
After going through this lesson you should be able to:
-Understand the Structure of Indian Banking System
-Meaning of Banking
Structure
-Structure of Indian Banking System
**Reserve Bank of India
*Scheduled Banks and Unscheduled Banks
*Commercial Banks and Cooperative Banks
*Public Banks and Private Banks
*Indian Banks and Foreign Banks
*State bank of India
*Nationalised Banks
*Regional Rural Banks
*Development Banks
#IndianBankingSystemStructure #IndianBankingSystemBBA #IBSinHindi
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