What is the structure of Indian banking?
The banking structure in India follows a well-organized system regulated by the Reserve Bank of India (RBI). It consists of scheduled and non-scheduled banks, further classified into commercial banks and cooperative banks. Commercial banks include public sector banks, private sector banks, foreign banks, and regional rural banks. Cooperative banks support rural and semi-urban areas. This structured approach ensures financial stability and economic growth. Institutions like Jaro Education offer specialized courses to enhance knowledge about India’s banking system, helping professionals stay updated with industry trends and regulations.
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