What is overall banking structure

Question

Accepted Answer

The overall banking structure refers to the organization and hierarchy of banks and financial institutions within a country or region.

The banking structure typically includes central banks, commercial banks, investment banks, and other financial institutions.
Central banks are responsible for regulating and overseeing the banking system, managing monetary policy, and maintaining financial stability.
Commercial banks provide a range of services to individuals and businesses, such as accepting deposits, granting loans, and facilitating payments.
Investment banks focus on providing financial advisory, underwriting securities, and facilitating capital market transactions.
Other financial institutions include credit unions, insurance companies, and asset management firms.
The banking structure may vary from country to country, depending on the regulatory framework and market conditions.
For example, in the United States, the banking structure consists of the Federal Reserve System as the central bank, numerous commercial banks, and investment banks like Goldman Sachs and JPMorgan Chase.

Accepted Answer

Banks are a subset of the financial services industry. Indian banking industry has been divided into two parts, organized and unorganized sectors. The organized sector consists of Reserve Bank of India,

What is overall banking structure

Top Kotak Mahindra Bank Assistant Manager Operations interview questions & answers

Popular interview questions of Assistant Manager Operations

Top HR questions asked in Kotak Mahindra Bank Assistant Manager Operations