Banking Structure in India
The banking structure in India is diverse and comprises various types of banks and financial institutions. Broadly, it can be divided into two categories: scheduled and non-scheduled banks. Scheduled banks are those that are listed under the Reserve Bank of India (RBI) Act, 1934, and comply with the regulatory requirements set by the RBI. These are further categorized into ____ _____ ______ __________ ____ ________ ____ ________ _________ ______.
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