Monday, March 9, 2020

Financial Institutions in India

Financial Institutions in India


The Financial Institutions in India mainly comprises of the Central Bank which is better known as the Reserve Bank of India, the commercial banks, the credit rating agencies, the securities and exchange board of India, insurance companies and the specialized financial institutions in India.

1. Reserve Bank of India (RBI) - it governs all the Financial Institute like Banks,NBFC,
                                                     Micro Finances,Co-operative Small Banks,
2. Public Sectors Banks             - these have majourity equity held by e Government of India.
3. Private Sector Banks              - these have majourity equity held by private intities
4. NBFC's                                   - Non banking financial company
5. Small and Micro Finance       - small and very small finances especialy for farmers and agriculture sector.











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