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 20
Private Indian banks 22
Private foreign banks 21
Regional rural banks 45
Scheduled urban cooperative banks 53
Non-scheduled urban cooperative Banks 1485
District cooperatives 362
Scheduled state cooperatives 23
Non-scheduled state cooperatives 10
  • 2.Banks in India, RBI, https://rbi.org.in/commonman/English/Scripts/BanksInIndia.aspx, accessed 15 September 2020
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Rajiv Rajendran
Executive Director
Corporate Services

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