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Banking and Financial System in India

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Hello Friends, Today we are sharing with you Banking and Financial System in India.. This notes is very useful for various competitive exams like SSC CGL, CHSL, MTS, Stenographer, IBPS, RRB & other all common written examinations. You may download pdf from the link provided given below.

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Banking and Financial System in India

Banking and Financial System in India


 The Banking, non-banking and Financial System in India comprises of the following types of institutions –

1. Commercial Banks
There are four types of Commercial Banks in India. a) Public Sector Banks b) Private Sector Banks c) Foreign Sector d) Cooperative Banks/Institutions.
Cooperative Banks/institutions are of three types i) Urban Cooperative Banks ii) State Cooperative Banks iii) Central Cooperative Banks
2. Financial Institutions
There are three types of Financial Institutions in India and they are a) All-India Financial Institutions (AIFIs) b) State Financial Corporations (SFCs) c) State Industrial Development Corporations (SIDCs)
3. Non-Banking Financial Companies (NBFCs)
Non-Banking Financial Companies are fast emerging as an important segment of Indian financial system. This group performing financial intermediation in many ways. The most important part is that these companies raise funds from public directly or indirectly and lend them to the ultimate spenders.
4.Capital Market Intermediaries



Banking and Financial System in India
Banking and Financial System in India
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September 24, 2021


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