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What is the difference between commercial banks and rural banks?
Wiki User
∙ 13y ago
Actually the services provided by a commercial bank and a rural bank are the same. They both provide bank accounts, accept deposits, grant loans etc. to its customers. The only difference between the two is the population they serve. Commercial banks serve the general population of the country that live in cities and towns whereas the rural banks serve the customers from the rural villages of the country.
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoIm not entirely sure what you are asking by rural bank, because this could be a community bank meaning they serve that community specifically and that's their specialization. A commercial bank would serve at a minimum multiple cities typically multiple states or the entire US. Some small cities have family owned private banks which could be considered rural banks. There are advantages and disadvantages of rural banks. Rural banks have advantages such as community ties and market specialization. However they have don't have the resources or capital larger (commercial banks) have.
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What is the difference between regional rural banks and co-operative banks?
bhag bhosdik
What is the difference between rural banks and thrift banks?
rural banks are concern only on mobilizing and giving financing needs to rural areas while Thrift banks are providing services to the thrift or savers meaning rural banks grant loans to small farmers and thrift banks cater the depository of the savers.
What tended to have a negative affect on rural lending?
consolidation of banks in the later decades of the twentieth century (the number of commercial banks decreased by 45 percent between 1984 and 2002, from 14,496 to 7,966) tended to have a negative impact on rural lending
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
Difference between rural and urban occupation?
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What is Difference between rural development and agricultural development?
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What are the Activities of rural banking?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
Importance of rural banks?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
What is the difference between an Urban Suburban and Rural school?
Rural schools are for hill billies.
What are the objectives of rural bank?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
What is the function of a rural bank?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
What is the purpose of the rural bank?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
