Distinguish Unit bank Vs Branch Bank

The bank is a financial institution which is dealer of money and loan. Unit bank and branch bank are two forms of it. But they have some differences. These are as follows-

Distinguish between scheduled bank and non-scheduled bank

The different types of banks that are operating in our money market, are divided into two groups- scheduled bank and non-scheduled bank.
1. Scheduled bank: The banks that are enlisted or included in the scheme of the central bank are called scheduled bank. According to Bangladesh bank order-1972 article (1), A scheduled bank means a bank for the time being included in the list of banks maintained by the central bank under sub-clause (a) of clause (2) of article 32. Any bank not included in this list is a non-scheduled bank. For example, as of today, Grameen bank is not a scheduled bank. All the commercial banks in Bangladesh are, however, scheduled banks. Now the total number of scheduled banks is 51.

Distinguish or difference between bank and banking

Bank

Bank is a financial institution that accepts the surplus money of the people in the form of deposit and gives it to other in the form of loans and advances.

According to professor Chamber, “bank is an office or institution for keeping, lending and exchanging etc of money.”

Banking

Banking is the process of performing the activities of a bank.