Banking & Finance
Existing Banking Structure2
Different departments of the RBI oversee the various entities that comprise India’s financial infrastructure, such as commercial banks, financial institutions, cooperative banks, and non-banking financial companies.
| Types of banks | Number of banks |
|---|---|
| Public sector banks | 11 |
| Private Indian banks | 21 |
| Private foreign banks | 46 |
| Small Finance Banks | 12 |
| Payments Banks | 6 |
| State Co-operative Banks | 34 |
| Regional rural banks | 43 |
- 2.Banks in India, RBI, https://rbi.org.in/commonman/English/Scripts/BanksInIndia.aspx, as accessed on 14 May 2022
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