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  1. Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.


  2. Scheduled Commercial Banks In India

    The commercial banking structure in India consists of:
    Scheduled Commercial Banks in India
    Unscheduled Banks in India

    Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.

    As on 30th June, 1999, there were 300 scheduled banks in India having a total network of 64,918 branches.The scheduled commercial banks in India comprise of State bank of India and its associates (8), nationalised banks (19), foreign banks (45), private sector banks (32), co-operative banks and regional rural banks.

    “Scheduled banks in India” means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), or any other bank being a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934), but does not include a co-operative bank”.

    “Non-scheduled bank in India” means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank”.

    The following are the Scheduled Banks in India (Public Sector):

    State Bank of India
    State Bank of Bikaner and Jaipur
    State Bank of Hyderabad
    State Bank of Indore
    State Bank of Mysore
    State Bank of Saurashtra
    State Bank of Travancore
    Andhra Bank
    Allahabad Bank
    Bank of Baroda
    Bank of India
    Bank of Maharashtra
    Canara Bank
    Central Bank of India
    Corporation Bank
    Dena Bank
    Indian Overseas Bank
    Indian Bank
    Oriental Bank of Commerce
    Punjab National Bank
    Punjab and Sind Bank
    Syndicate Bank
    Union Bank of India
    United Bank of India
    UCO Bank
    Vijaya Bank

    The following are the Scheduled Banks in India (Private Sector):

    ING Vysya Bank Ltd
    Axis Bank Ltd
    Indusind Bank Ltd
    ICICI Bank Ltd
    South Indian Bank
    HDFC Bank Ltd
    Centurion Bank Ltd
    Bank of Punjab Ltd
    IDBI Bank Ltd

    The following are the Scheduled Foreign Banks in India:

    American Express Bank Ltd.
    ANZ Gridlays Bank Plc.
    Bank of America NT & SA
    Bank of Tokyo Ltd.
    Banquc Nationale de Paris
    Barclays Bank Plc
    Citi Bank N.C.
    Deutsche Bank A.G.
    Hongkong and Shanghai Banking Corporation
    Standard Chartered Bank.
    The Chase Manhattan Bank Ltd.
    Dresdner Bank AG.


  3. Scheduled Commercial Banks In India

    The commercial banking structure in India consists of:
    Scheduled Commercial Banks in India
    Unscheduled Banks in India
    Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.

    As on 30th June, 1999, there were 300 scheduled banks in India having a total network of 64,918 branches.The scheduled commercial banks in India comprise of State bank of India and its associates (8), nationalised banks (19), foreign banks (45), private sector banks (32), co-operative banks and regional rural banks.

    “Scheduled banks in India” means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), or any other bank being a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934), but does not include a co-operative bank”.

    “Non-scheduled bank in India” means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank”.

    See:- http://www.finance.indiamart.com

    The following are the Scheduled Banks in India (Public Sector):
    State Bank of India
    State Bank of Bikaner and Jaipur
    State Bank of Hyderabad
    State Bank of Indore
    State Bank of Mysore
    State Bank of Saurashtra
    State Bank of Travancore
    Andhra Bank
    Allahabad Bank
    Bank of Baroda
    Bank of India
    Bank of Maharashtra
    Canara Bank
    Central Bank of India
    Corporation Bank
    Dena Bank
    Indian Overseas Bank
    Indian Bank
    Oriental Bank of Commerce
    Punjab National Bank
    Punjab and Sind Bank
    Syndicate Bank
    Union Bank of India
    United Bank of India
    UCO Bank
    Vijaya Bank

    The following are the Scheduled Banks in India (Private Sector):
    ING Vysya Bank Ltd
    Axis Bank Ltd
    Indusind Bank Ltd
    ICICI Bank Ltd
    South Indian Bank
    HDFC Bank Ltd
    Centurion Bank Ltd
    Bank of Punjab Ltd
    IDBI Bank Ltd

    The following are the Scheduled Foreign Banks in India:
    American Express Bank Ltd.
    ANZ Gridlays Bank Plc.
    Bank of America NT & SA
    Bank of Tokyo Ltd.
    Banquc Nationale de Paris
    Barclays Bank Plc
    Citi Bank N.C.
    Deutsche Bank A.G.
    Hongkong and Shanghai Banking Corporation
    Standard Chartered Bank.
    The Chase Manhattan Bank Ltd.
    Dresdner Bank AG.