NBFCs and Banking License – one of the most interesting events in 2014 !! Part 1 :-Banks , NBFCs and RBI

The Banking Domain is a complex one. India has 88 scheduled commercial banks (SCBs). Of this there are 27 public sector banks (with the Government of India holding a stake), 31 private banks (these do not have government stake; they may be publicly listed and traded on stock exchanges) and 38 foreign banks. They have a combined network of over 53,000 branches and 17,000 ATMs. read more