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Non scheduled banks are those banks which are not registered under schdule of RBI act, 1934. In India, only Jammu & Kashmir bank is non schduled bank.

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Q: What are non scheduled banks?
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Related questions

List of non-scheduled banks in India?

list of non commercial banks in India


No of non-scheduled banks in India?

4


What is non-scheduled bank?

In India, non-scheduled banks are those banks which does not follow the guidelines and rules of RESERVE BANK OF INDIA. most of the cooperative banks are non- scheduled banks in India. thatswhy many scams were happened as they were not controlled by RBI.


Definition of non scheduled banks?

a non scheduled bank is a bank which does not come under Rbi act 1949


List of Banks in Dubai?

I need the list of scheduled and non scheduled banks in UAE. Can u plz help me out Reply me at: rao176@hotmail.com


What is the difference in scheduled non scheduled banks?

a schedule bank is one authorized by reserve bank of India to act as a banker (under section 2 (e) of RBI Act. only scheduled banks can do banking business in India. RBI is has direct control over the functioning of Scheduled Banks. Non-scheduled bank in India are banks defined in section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank.


What are the types of commercial banks?

Commercial banks can be classified based on who owns them. they are:Public commercial banks - The banks that are owned by the governmentPrivate commercial banks - The banks that are owned by private individuals or companiesForeign commercial banks - The banks that are owned by individuals or companies that are incorporated outside the country where the bank operates


What are the salient features of Indian banking sector?

The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.


List of non scheduled bank in Pakistan?

bank of khyber, bank of pujab, sindh bank


Example of non-scheduled bank?

the banks which are not under the purview of second schedule of RBI Act.


List of non scheduled bank in bangladsh?

There are now 4 non-scheduled banks in Bangladesh which are:Ansar VDP Unnayan Bank,Karmashangosthan Bank,Probashi Kollyan Bank,Jubilee Bank


What are the names of scheduled banks in Pakistan?

name schedual banks