Menu
Basic Doubt
What is the difference between scheduled Banks and Nationalised Banks?
Replies (1)
Scheduled banks are those banks which are included in the 2nd schedule of RBI act 1934. All nationalised banks are scheduled banks. Scheduled banks are classified in 2 categories - state co-operative banks and commercial banks. nationalised banks come under commercial category. central co-operative banks and primary credit societies are example of non scheduled banks.
Recent Topics :
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
- TDS on Property - Form 26QB Related
- Capital gains on sale of flat from wife to husband
- TDS filing for the 1st quarter of TY 2026-27
Related Topics :
CAclubindia
