According to the Banking Companies Act of 1949, a bank is defined as an institution that accepts deposits from the public, repayable on demand or otherwise, and uses those deposits to lend money or make investments. The document then lists different types of banks in India such as commercial banks, cooperative banks, rural cooperative banks, urban cooperative banks, the State Bank of India and its associates, nationalized banks, foreign banks, regional rural banks, and non-scheduled banks. It also lists some modern banking technologies and services used by banks like core banking solutions, customer relationship management, electronic funds transfer, electronic clearing services, any branch banking, risk management, ATMs, card management, and mobile banking.

2. A Bank is defined as one which transacts the business of banking
which means accepting, for the purpose of lending or investment,
of deposits of the money from public, repayable on demand or
otherwise and withdrawals by cheque , draft, order or otherwise.
- The Banking Companies Act,1949

3. RBI
Schedule
Banks
Co-operative
Banks
Rural Co-
operative
Banks
Urban Co-
operative
Banks
Commercial
Banks
SBI & Its
Associates
Nationalized
Banks
Foreign
Banks
RRBs
Non-
Schedule
Banks
Co-operative
Banks

6.  CBS
 CRM
 EFT
 ECS
 Any Branch Banking
 Risk Management
 ATM’s
 Card Management
 Mobile Banking