Types Of Commercial Banks
Types Of Commercial Banks
Commercial banks are of three types i.e.. Public sector banks, Private sector banks and Foreign banks.
Public Sector Banks:
These are banks where majority stake is held by the Government of India or Reserve Bank of India. Examples of public sector banks are: State Bank of India, Corporation Bank, Bank of Baroda and Dena Bank, etc.
Private Sectors Banks:
In case of private sector banks majority of share capital of the bank is held by private individuals. These banks are registered as companies with limited liability. For example: The Jammu and Kashmir Bank Ltd., Bank of Rajasthan Ltd, Development Credit Bank Ltd, Lord Krishna Bank Ltd., Bharat Overseas Bank Lid.. Global Trust Bank. Vysya Bank, etc.
Bank having maximum number of branches in India is __________________ | |||
| Right Option : B | |||
| View Explanation | |||
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