Banking

Types of Banking

Types of Banking- With development of banking institutions, various systems of banking have come into existence. Generally most of the people refer banking system to the foundation of banking institutions classified on the basis of functions namely, central bank, commercial banks, and development finance institutions and so on.

Types of Banking
There are various types of banks which operate in our country to meet the financial requirements of different categories of people engaged in agriculture, business, profession, etc. On the basis of functions, the banking institutions in India may be divided into the following types:

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Evolution of Banking

❏ Private Banking
❏ Home Banking
❏ Branch Banking
❏ Unit Banking
❏ Mixed Banking
❏ Chain Banking
❏ Fractional Reserve Banking
❏ Retail Banking

❏ Wholesale Banking
❏ Relationship Banking
❏ Correspondent Banking
❏ Universal Banking
❏ Social Banking
❏ Virtual Banking
❏ Narrow Banking

❏ Islamic Banking
❏ Holding Company/group banking
❏ Deposit banking
❏ Investment banking
❏ Merchant banking
❏ Shadow Banking.

Banker

Banker provides economic, financial and banking intelligence for the countries economic, banking and financial sector for built a good reputation. Banker has been the trusted source of banking information. Banker strives to stimulate and inform, offering an unparalleled outlook with a wide range of banking and financial news, features, analysis and interviews, and in-depth coverage of all the key issues facing the financial and banking sector.

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