SCHEDULED AND NON SCHEDULED BANK INCOME SOURCE OF COMMERICAL BANK

Submitted by: Group-2Abhishek Tiwari

Anish PandeyAnkit Surana

Anubhav Srivastava

SCHEDULED BANK & NON-SCHEDULED BANK

Scheduled Banks in India: Banks included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934.

Conditons Capital and collected funds of bank should not be less than Rs. 5 lac. Any activity of the bank should not adversely affect the interests of

depositors.

Facilities Bank becomes eligible for debts/loans on bank rate from the RBI. Bank automatically acquire the membership of clearing house.

NON- SCHEDULED BANK

Bank’s not included in Reserve Bank of India(RBI) Act, 1934 are Non-Scheduled Bank and capital & collected funds less than 5 Lac.

The difference between schedule and non schedule is immaterial as the number of non schedule bank is almost nil.

Since May 2007 there does not exist any non-scheduled commercial bank. Source:http://www.rbi.org.in/scripts/PublicationsView.aspx?id=10780

LIST OF SCHEDULED BANKS

Scheduled banks Types

1. Scheduled Commercial banks. 2. Scheduled Co-operative Banks

.

Schedule Bank

Regional Rural Bank

Foreign Bank

Private Sector Bank

Nationalized

Bank

SBI and Associated

Bank

Public Sector Bank

Schedule Commercial Bank

Schedule Co-operative

Bank

New Private Sector Bank

Old Private Sector Bank

NATIONALIZED BANKS: 26

STATE BANK GROUP:6

1. Allahabad Bank 2. Andhra Bank 3. Bank of Baroda 4. Bank of India 5. Bank of Maharashtra 6. Canara Bank 7. Central Bank of India 8. Corporation Bank 9. Dena Bank 10. IDBI Bank Ltd. 11. Indian Bank 12. Indian Overseas Bank 13. Oriental Bank of Commerce 14. Punjab & Sind Bank 15. Punjab National Bank 16. Syndicate Bank 17. UCO Bank 18. Union Bank of India 19. United Bank of India 20. Vijaya Bank

New Private Banks:7 Axis Bank Ltd. Development Credit Bank Ltd HDFC Bank Ltd. ICICI Bank Ltd. IndusInd Bank Ltd. Kotak Mahindra Bank Ltd. Yes Bank Ltd

State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of India State Bank of Mysore State Bank of Patiala State Bank of Travancore

OLD PRIVATE BANK:14 Catholic Syrian Bank Ltd. City Union Bank Ltd. Dhanalakshmi Bank Ltd. Federal Bank Ltd. ING Vysya Bank Ltd. Jammu & Kashmir Bank Ltd. Karnataka Bank Ltd. Karur Vysya Bank Ltd. Lakshmi Vilas Bank Ltd. Nainital Bank Ltd. Ratnakar Bank Ltd. SBI Commercial & International Bank Ltd South Indian Bank Ltd. Tamilnad Mercantile Bank Ltd.

Foreign Bank:3232 Foreign Bank in India.

INCOME SOURCE :COMMERCIAL BANK

With liberalization, globalization and privatization, Banks moved to Fee Based activities rather than Interest based activities.

Interest Income Non-Interest Income

Interest/Discount Commission & Brokerage

Income on Investment Sale of Investment

Balance with RBI Sale of Land Building

Others Exchange Transaction

Income from E-Delivery Channels

Misc. Income

FACTS & ANALYSIS:

Lets divide Indian banking industry into four parts. Public Sector Bank Group – G-I (26) Old Private Sector Bank Group – G-II (14) New Private Sector Bank Group – G-III (07) Foreign Bank Group – G-IV (32)

Parameters of Study Share of commodities exchange and brokerage in other income.

Share of sales in investment in other income. Share of exchange transaction in other income. Interest income as a percentage to total income

Non-interest income as a percentage to total income