Scheduled Banks in India refer to those banks which have been included in the Second Schedule of Reserve Bank of India Act, 1934. RBI in turn includes only those banks in this Schedule which satisfy the criteria laid down vide section 42 of the said Act.Banks not under this Schedule are called Non-Scheduled Banks Read More
The performance of Indian banks has improved as Non-Performing Asset ratios have declined and credit growth accelerated, said the country's Economic Survey 2018-19. ...
