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प्रश्न
Explain the types of banks based on ownership patterns.
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उत्तर
Any bank in which not less than 51 percent of shares are owned by the Government is called Government banks or public sector commercial banks. All nationalized banks (19 banks, in 2017), SBI, and IDBI Ltd. are public sector commercial banks. All of them are joint-stock company-type banks. There are corporation-type banks. Each corporation type bank is established by a separate Act of Parliament and is fully owned by the Government of India.
All banking companies owned by private people are called private sector commercial banks. All cooperative banks are owned by their members of the public.
- Nationalized banks: Indian bank, IOB, etc.
- Public sector banks: State Bank of India, IDBI Bank Ltd.
- Private sector banks: Lakshmi Vilas Bank, Karur Vysya Bank.
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संबंधित प्रश्न
Write Short Note on the following:
Types of banks
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Choose the Correct Answer.
Foreign banks are begun their operation since ______
What are Foreign Banks?
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Central bank is owned by the ____ while commercial bank is owned by ______.
Name one development bank.
What is meant by an overdraft facility given by a commercial bank?
What are the important functions of Central Bank? Which of these functions are more important in a country like India?
Which type of bank is called the apex bank of India?
