Sr.

No.

Name Roll No.

1. Jatin Bhoir 04

2. Prathamesh Bhosale 09

3. Nikhil Hulwan 16

4. Sagar Yadav 18

5. Satyesh Desai 22

6 . Fatema Halvadwala 35

Reserve Bank of India

Commercial Banks Co-operative Banks Development Banks

Public

Private

EXIM

Industrial

Agricultural

Primary Co-

operative Credit

Society

Central Co-operative

Banks

State co-operative

Banks

Land Development

Banks

Urban Co-operative

Banks

Regulator of Currency

Banker, Fiscal Agent and Adviser

to the Government

Custodian of Cash Reserves of

Commercial Banks

Custody and Management of Foreign Exchange Reserves

Lender of the Last Resort

Clearing House for Transfer and Settlement

Controller of Credit

Reserve Bank of India

Commenced from 1st April

1935

Financial supervision

Regulator & supervisor of

financial system

Managerial of exchange

control

Issuer of currency

Banker’s bank

PRIMARY FUNCTIONS

Accepting deposits

Saving account

Current account

Fixed deposit

Recurring deposit

Loans & Advances

Cash credit

Bank overdraft

Loans

Discounting of bill

SECONDARY FUNCTIONS

Agency functions

Funds transfer

Payments and collections

Cheque collections

Portfolio management

Utility functions

Issues of drafts , letter of

credits, etc

Locker facility

Underwriting of shares

Dealing in foreign exchange

Project reports

PUBLIC SECTOR

Government owns the

bank & holds more than

50% of share

Low rate of interest

Government controls the

bank

Eg- SBI, Bank Of India,

Canara bank, etc.

PRIVATE SECTOR

Owned by private lenders

High rate of interest

Managed by private

bodies

Eg- Axis bank, HDFC

Bank, ICICI Bank, etc.

Works on the principle of

co-operation & mutual

help

It provides limited

banking product

It do banking business in

agriculture & rural sector

It does not pursue the goal

of profit maximization

Encourages industrial growth

Development of entrepreneurs

Provides medium & long term

finance to business units

Promotes saving &

investment habits

Fulfilling socio economics

objectives