Law

Querist : Anonymous (Querist) 03 July 2010 This query is : Resolved
What is the difference between Scheduled and Non-Scheduled Banks, NBFC, Nationalised Banks, Corporate Banks and Public Financial Institution??

PLease give me meaning of all these. I dont need definitions.

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DEFENSE ADVOCATE.-firmaction@g (Expert) 09 July 2010
Scheduled banks are those who fufill certain conditions laid by RBI and hence they have larger exposure.

NBFC are non banking finance corporations who can do limited financial banking transections as per RBI permission.

There is nothing like corporate banks now after nationalisation of banks.

Pulic financial institutions are PSUs owened by Govt.

Querist : Anonymous (Querist) 09 July 2010
can you please tel me in detail??

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