INDIAN BANKING STRUCTURE

SCHEDULED

NONSCHEDULED
CENTRAL COOPERATIO N BANKS

STATE COOPERATION BANKS

PRIVATE SECTOR
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COMMERCIAL BANKS

COMMERCIAL BANKS

PUBLIC SECTOR

FOREIGN BANKS

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Scheduled Banks in India constitute those banks which have been

included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. CRITERIA TO BE A SCHEDULED BANK IN INDIA CARRYING ON THE BUSSINESS OF BANKING IN INDIA MUST HAVE A RESERVE CAPITAL OF 5,00,000 WITH RBI They can be further divided into 2 sub division a) cooperative banks b) Commercial banks

Banks with reserve capital of less than 5 lakh rupees qualify as non-scheduled banks, though 5 lakh rupees constitutes such a small sum of money that hardly any banks fall into this designation. As of 2011 only four such banks exist.

An institution which accepts deposits, makes business loans, and offers related services. Commercial banks also allow for a variety of deposit accounts, such as savings and time deposit. These institutions are run to make a profit and owned by a group of individuals. Commercial banks offer services to individuals, they are primarily concerned with receiving deposits and lending to businesses.

They can be further divided into: PUBLIC SECTOR BANKS There are 27 such banks PRIVATE SECTOR BANKS These can be further divided as: a) new b) old There are 7 new private banks There are 13 old private banks FOREIGN BANKS There are 33 foreign banks

State Bank of India State Bank of Bikaner and Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Saurashtra State Bank of Travancore Andhra Bank Allahabad Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank

Central Bank of India Corporation Bank Dena Bank Indian Overseas Bank Indian Bank Oriental Bank of Commerce Punjab National Bank Punjab and Sind Bank Syndicate Bank Union Bank of India United Bank of India UCO Bank Vijaya Bank

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Catholic Syrian Bank City Union Bank Dhanlaxmi Bank Federal Bank Jammu & Kashmir Bank Karnataka Bank Karur Vysya Bank Lakshmi Vilas Bank Nainital Bank South Indian Bank Tamilnad Mercantile Bank Bank of Rajasthan merged with ICICI Bank in 2010. Saraswat Bank

HDFC Bank ICICI Bank Axis Bank IndusInd Bank ING Vysya Bank Kotak Mahindra Bank Yes Bank

American Express Bank Ltd. ANZ Gridlays Bank Plc. Bank of America NT & SABank of Tokyo Ltd. Banquc Nationale de Paris Barclays Bank Plc Citi Bank N.C. Deutsche Bank A.G. Hongkong and Shanghai Banking Corporation Standard Chartered Bank. The Chase Manhattan Bank Ltd. Dresdner Bank AG.