9/13/2007
1Structure of Indian Financial System:
Central Bank of the Country (RBI in case of India)
Cooperative Societies
Other Institutions
Commercial BanksPublic Sector
Pvt. Sector
State Coop.
Land Dev Banks
Pub SectorGov
Pvt. Sector
SBI & As
NationalisedBanks
RRBs
Foreign BanksNon-Scheduled Banks
NSC, PO, EPF
LIC, GIC, UTI, EXIM Bank, IDBI, IFCI, IRBI, NABARD, SFC, SIDBI, STCI, etc.
Chits, Nidhis, Corporate bodies, Hire PurchCos., Investment Cos, Merchant Banks,
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CENTRAL BANK
•ItistheAPEXmonetaryinstituteinthemoneymarketwhichactsasthemonetaryauthorityofthecountryandservesastheGovernment‟sbankaswellasthebankers‟bank.
•Inbrief,wemaysaythatthecentralbankisanorganoftheGovernmentwhich,byreasonofitsoperationsinfluencestheworkingoftheFIsofthecountry.
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3
How does the Central Bank differ from other banks?
Is a Government Organ
It does not exist to secure maximum profit
Have a special controlling relationship with the......

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Title: Central Banking System
Approximate Word Count: 1495
Approximate Pages: 6 (250 words per double-spaced page)

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