About this document
Types of Financial Institutions Explained by Arshdeep singh is a document available to read on EtoBox.
Financial institutions are entities that provide financial services, categorized into depository and non-depository institutions. Examples of depository institutions include banks and credit unions, while non-depository institutions include insurance companies and mutual funds. In India, the financial system comprises various institutions such as commercial banks, regional rural banks, and non-banking financial companies, each serving specific roles in the economy.
- Author
- Arshdeep singh
- Language
- EN