| Entity Type | Regulated by RBI? | Main Function | Deposit Acceptance | Loan Facility | Payment System Access | Examples |
|---|---|---|---|---|---|---|
| Public Sector Banks | Yes | Full commercial banking | Yes | Yes | Yes | State Bank of India, Punjab National Bank |
| Private Sector Banks | Yes | Commercial banking and retail finance | Yes | Yes | Yes | HDFC Bank, ICICI Bank |
| Foreign Banks in India | Yes | International banking operations | Yes | Yes | Yes | HSBC, Standard Chartered |
| Small Finance Banks | Yes | Financial inclusion and small borrowers | Yes | Yes | Yes | AU Small Finance Bank |
| Payments Banks | Yes | Small deposits and digital payments | Yes (limited) | No major lending | Yes | Paytm Payments Bank |
| Regional Rural Banks (RRBs) | Yes | Rural banking and agriculture credit | Yes | Yes | Yes | Various RRBs |
| Urban Co-operative Banks | Yes | Local urban co-operative banking | Yes | Yes | Yes | Multi-state UCBs |
| NBFCs | Partially supervised | Financial lending services | Limited/Conditional | Yes | Limited | Bajaj Finance, Muthoot Finance |
| PACS | Mostly No | Agricultural rural credit | Limited to members | Yes | No | Village-level PACS |
| State Bank of Sikkim | No direct RBI regulation | Treasury and banking for Sikkim | Yes | Yes | Limited | State Bank of Sikkim |
| REPCO Bank | Limited RBI oversight | Banking for repatriates | Yes | Yes | Yes | REPCO Bank |
| Entity Type | RBI Regulated | Deposit Facility | Loan Facility | Cheque Facility | Demand Draft (DD) | NEFT | RTGS | IMPS | UPI | Net Banking | ATM/Debit Card | Credit Card | Main Focus |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public Sector Banks | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Full-service banking |
| Private Sector Banks | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Commercial & retail banking |
| Foreign Banks | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | International banking |
| Small Finance Banks | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Limited | Financial inclusion |
| Payments Banks | Yes | Yes (limited) | No major loans | Usually No cheque book | Limited/No | Yes | Limited | Yes | Yes | Yes | Yes | No | Digital payments |
| Regional Rural Banks (RRBs) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Basic facilities | Yes | Limited | Rural banking |
| Urban Co-operative Banks | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Limited | Limited | Basic facilities | Yes | Limited | Community banking |
| NBFCs | Partially supervised | Limited | Yes | No | No | No | No | No | Limited wallet-type | Limited | No | Some issue cards | Specialized lending |
| PACS | Mostly No | Limited (members only) | Yes | No | No | No | No | No | No | No | No | No | Agricultural credit |
| State Bank of Sikkim | Special case | Yes | Yes | Yes | Yes | Limited | Limited | Limited | Limited | Limited | Yes | Limited | State treasury banking |