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What is Scheduled vs Non-Scheduled Banks about?

Scheduled banks are those included in the Second Schedule of the RBI Act, subject to stricter regulations and having access to RBI facilities, while non-scheduled banks are not included and have fewer regulatory requirements. Equity shares with differential rights have varying privileges compared to ordinary shares, while sweat equity shares are issued to employees for their contributions. Preference shares offer fixed dividends and priority over common shares, with types including cumulative, non-cumulativ

Author

ssumit0420

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EN