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What is the difference between commercial banks and nabard and sidbi?
Wiki User
∙ 13y ago
Commercial Banks are of 2 kinds: Private and Nationalised
Private Commercial banks are private sector banks like ICICI, Citibank, etc, which have no government stake in them.
Nationalised Commercial banks are government owned commercial banks like SBI, Canara Bank, Punjab National Bank, etc. The government holds a large stake in these banks.
NABARD and SIDBI fall under what are known as Development Banks. Development banks are those banks which mainly have 2 funcitons: One, to act as refinanciers, diverting funds through nationalised banks for development purposes and Two, to undertake development projects like training and supporting fledgling industries.
A third category of banks are known as Cooperative banks. The DCCBs or District credit cooperative banks fall under this category.
All the above mentioned banks are governed and regulated by the Reserve Bank of India.
Wiki User
∙ 13y ago
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What is the difference between the commercial banks and micro finance banks?
The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
How many banks comes under nabard?
80 banks
Who regulate the regional rural banks?
nabard
Is NABARD a nationalised bank?
hi NABARD IS THE ONE OF THE APEX BANKS IN INDIA. TOTAL 5 APEX BANKS ARE THERE. THOSE ARE RBI, NABARD , EXIM BANK , IDBI , SIDBI . THESE ARE ALL WORKING UNDER UNION GOVERNMENT OF INDIA.
Which of the government of India is helping banks in disbursement of rural credit by the banks?
NABARD
Functional and structural relation between nabard and rrb?
According to NABARD ACT 1982 NABARD was set up to provide refinance to banks for all kind of agricultural investment and small scale industries and other allied activities.Erlier RBI use to the operations of Agricultural Refinance and Development Corporation for RRB. Now NABARD has taken over all these functions.
What will set up core banking infrastructure for rural banks?
NABARD
Which govt department helping in disbursement of rural credit by the banks?
NABARD
What is Difference between Base Rate and prime rate?
The prime rate is the rate at which the central bank lends to the commercial banks whiles the base rate is the rate at which the commercial banks lend to the public
What is the difference between commercial banks and rural banks?
Actually the services provided by a commercial bank and a rural bank are the same. They both provide bank accounts, accept deposits, grant loans etc. to its customers. The only difference between the two is the population they serve. Commercial banks serve the general population of the country that live in cities and towns whereas the rural banks serve the customers from the rural villages of the country.
What is the difference between nationalized banks and commercial banks?
A national bank does business on a national level, for example deals exclusively with in-country clients. A commercial bank will fund foreign deals and has dealings outside of the Federal Reserve system of America.
Difference between development bank and commercial bank?
The biggest difference is the risk level. Banks are more regulated than a finance company. Finance company's maybe able to lend money or credit to someone who was unable to obtain funds from a bank.
