There are several types of scheduled banks that operate in India's banking structure as of March 31, 2002. These include scheduled commercial banks such as public sector banks which include nationalized banks and State Bank of India associates, foreign banks in India, and private sector banks consisting of old private banks, new private banks, and regional rural banks. Scheduled co-operative banks also operate and are divided into scheduled state co-operative banks and scheduled urban co-operative banks.
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Banking Structure in India
There are several types of scheduled banks that operate in India's banking structure as of March 31, 2002. These include scheduled commercial banks such as public sector banks which include nationalized banks and State Bank of India associates, foreign banks in India, and private sector banks consisting of old private banks, new private banks, and regional rural banks. Scheduled co-operative banks also operate and are divided into scheduled state co-operative banks and scheduled urban co-operative banks.
Public Sector Foreign Banks Private Sector Regional
Banks (27) in India (40) Banks (30) Rural Banks
Scheduled State Scheduled Urban
Co-operative Co-operative Banks (16) Banks (52) State Banks of Nationalized Old Private New Private India & its Banks (19) Banks (22) Banks (8) Associates (27)