The structure of banking in India consists of following components:

  1. Central Bank – Reserve Bank of India (RBI)
  2. Commercial Banks

    • Public sector Banks
    • Private Banks
    • Foreign Banks

  3. Co-operative Banks

    • Primary Credit Societies
    • Central Co-operative Banks
    • State Co-operative Banks

  4. Regional Rural Banks
  5. Development Banks
  6. Specialized Banks

    • Export Import Bank of India
    • Small Industries Development Bank of India
    • National Bank for Agricultural and Rural Development

  7. Indian Bank-like financial institutions