Economy Notes

Co-operative banks, often referred to as co-ops or simply cooperative societies, stand as pillars of community-driven financial services

Development banks play a pivotal role in shaping the economic landscape of India, serving as crucial financial intermediaries focused on fostering sustainable

Foreign banks play a pivotal role in the global financial landscape, facilitating cross-border transactions, supporting international trade

Foreign Direct Investment (FDI) in the banking sector has emerged as a significant driver of global financial integration, fostering cross-border

Mudra Banks, an innovative financial institution introduced by the Government of India, serve as a catalyst for fostering entrepreneurial endeavor

Regional Rural Banks (RRBs) stand as pivotal institutions in India’s financial landscape, primarily designed to cater to the banking needs of rural and semi-urban areas.

India Post Payments Bank (IPPB) stands as a revolutionary milestone in India’s financial landscape, heralding a new era of accessible and inclusive banking services

Payment banks are a distinctive category of banks introduced in India to promote financial inclusion, especially for small businesses and low-income households.

Small Finance Banks (SFBs) are a category of scheduled commercial banks designed to focus on financial inclusion and provide banking services to specific segments.

The Banks Board Bureau (BBB) is a crucial institution established by the Government of India in 2016 to reform and revamp the functioning of public sector banks