Monday, 4 May 2020

INDIAN MONEY MARKET


Organized Structure
1. Reserve bank of India
2. DFHI (discount and finance house of India)
3. Commercial banks
Public Sector Banks
SBI with 7 subsidiaries
Cooperative banks
20 nationalised banks
Private Banks
Indian Banks
Foreign banks
Development Bank
IDBI, IFCI, ICICI, NABARD, EXIM, L IC, GIC, UTI, etc.
Unorganized Sector
1. Indigenous banks
2. Money lenders
3. Chits
4. Nidhis
Co-Operative Sectors
State Cooperative
central cooperative banks
Primary Agri credit societies
Primary urban banks
State Land Development Banks
central land development banks
Primary land development banks
Now known as Agriculture and Rural Development Banks
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