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9 Cards in this Set
- Front
- Back
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Commercial Banks[C.B.] |
Intermediary primary liabilities- deposits primary assets- loans and bonds Different from Merchant/Invesestment Bank |
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RBI |
1. lays down norms for banking operations 2. has final supervising power |
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Development Banks |
1. long term capital for industries and agriculture 2. Industrial finance corp of india-ifci NABARD, NHB[housing] majority ownership ofRBI concessional finance to these banks by RBI
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Commercial Banks |
1. Scheduled 2. Non- scheduled |
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Scheduled |
in 2nd schedule of reserve bank act 1934 2 criteria 1. paid up capital and reserves not l thn rs 5 lakh 2. not detrimental to depositors. |
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Scheduled bank .. |
privileges+obligations includes: SBI and its 8 associates, nationalised banks, foreign banks, private sector banks, co-op, RRB's |
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Non- Scheduled bank |
no benefits by rbi, not meet criteria, not in 2nd schedule- 3 banks. |
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Capital Market |
long term, more risky, financial instruments used are shares bonds..they are young and risk takers..save for retirement or education. |
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Money market |
short term, 1 year or less, financial intruments used are- deposits, collateral loans, institutions operating are- central banks, commercial banks etc |
