NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Indian Money Market

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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