Indian Banking Sector Explained in One Class | RBI, Nationalisation & Types of Banks for SSC CGL

Indian banking sector for SSC CGL, Railway, Banking & State PCS in one class — the complete story of banking in India, from the Bank of Hindustan to RBI, nationalisation, RRBs, payment banks and small finance banks. This session builds the timeline bank by bank: the three Presidency Banks, the Imperial Bank of India, the birth of SBI, then the Reserve Bank of India — Hilton Young Commission, RBI Act 1934, its functions, and how its surplus reaches the Government. From there: schedule and non-schedule banks, commercial, public sector, private and foreign banks, Regional Rural Banks and the one-state-one-RRB rule, small finance banks, payment banks and local area banks, with the eligibility and capital rules examiners actually ask. Most aspirants memorise bank names but miss the numbers behind them — and that gap is where easy marks are lost. Comment your answer to the question of the day. _______________________________________ Timestamps: 0:00 Intro & Product Announcements 2:00 History of Banking: Bank of Hindustan & Presidency Banks 6:52 Imperial Bank of India → SBI & Joint Stock Banks 13:14 RBI: History & Establishment 18:43 RBI: Structure, Governors & Local Boards 24:17 RBI Functions & Currency Printing 32:55 RBI Reports, Income & Surplus 37:51 Nationalization of Banks (1969 & 1980) 42:28 Types of Banks: Scheduled, Commercial, Public & Private 47:35 Regional Rural Banks (RRBs) 53:45 Small Finance Banks & Payment Banks 1:04:46 Local Area Banks & Islamic Banking _______________________________________ 👉 Class' PDF link: https://parchamclasses.in/product/ind... 👉YouTube Class Feedback Form: https://forms.gle/T29dehoeEwsQkGjVA _______________________________________ Top selling Courses 👉 All in One State PCS (Pre + Mains) Batch 2026–27 (LIFETIME) - https://link.parchamclasses.in/ALLOSP... 👉 NCERT Batch Foundation For all Exams - https://link.parchamclasses.in/NCERTBE 👉 SSC + Railway Mega Combo Batch 2027 - https://link.parchamclasses.in/SSCRMC271 👉 SSC Comprehensive Batch 2027 - https://link.parchamclasses.in/SSC271 👉 Railway Comprehensive Batch 2027 - https://link.parchamclasses.in/RC271 👉 SSC + Railway Static GK Recorded Course: https://link.parchamclasses.in/SRRC1 👉 SSC+Railway General Awareness Recorded Course: https://link.parchamclasses.in/GARCSR1 _______________________________________ Important Playlists:    • 2026 Daily Current Affairs for All Exams (...      • 2026 Monthly Current Affairs for All Exams...      • 2026 Banking Current Affairs (Weekly & Mon...      • 2026 Weekly Current Affairs for All Exams ...   ________________________________________ Parcham App: 👉 “Explore all courses now on the Parcham App - https://web.parchamclasses.in/ 👉 Parcham Website: https://bulf.short.gy/Kqre2h _______________________________________ Social Media Links 👉 Instagram:- https://www.instagram.com/parcham.cla... 👉 Facebook Page:- https://www.facebook.com/profile.php?... 👉 Telegram Group: https://t.me/PARCHAMCLASSES06