Banking

Difference Between Commercial Bank and Merchant Bank (With Table)

Banks act as intermediaries between borrowers and depositors. They’re the financial institutions involved with the task of accepting deposits, lending, and offering a broad range of investment products. It’s to be however noted that not all banks are the same. There are different types of banks, each tasked with performing different functions. Among them are …

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Difference Between Scheduled Banks and Non-Scheduled Banks (With Table)

Apart from public and private banks, there is another categorization of banks viz scheduled and non-scheduled banks. Scheduled Banks vs Non-Scheduled Banks The difference between Scheduled Banks and Non-Scheduled Banks is that Scheduled banks can take money from Reserve Bank of India, while non-scheduled banks cannot take any money from RBI. The cash reserve in …

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