Scheduled bank

Humour 823 views 2 replies

CMA CS(final) CAIIB M.B.A M.Com

173 Points Joined February 2009

Q.What is scheduled bank?

Ans:-

A bank formed and managed by people from Scheduled Caste/scheduled Tribes.
This banks operates in a tribal areas or backward areas as notified by central government in it official gazette.
These banks will provide basic financial needs for those people.

Replies (2)

Guest

Scheduled Banks in India constitute 
those banks which have been included in 
the Second Schedule of Reserve Bank of India(RBI) Act, 1934.

Guest

Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934.

Your are not logged in . Please login to post replies

Click here to Login / Register