Banking in India 1959. These are now called its associate banks. In 1969 the Indian government nationalised 14 major private banks, one of the big bank was Bank of India. In 1980, 6 more private banks were nationalised. These nationalised banks are the majority of lenders in the Indian economy. They dominate the banking sector because of their large size and widespread networks. The Indian banking sector is broadly classified into scheduled and non-scheduled banks. The scheduled banks are those included under the 2nd Schedule of the Reserve Bank of India Act, 1934. The scheduled banks are further classified into: nationalised banks; State
School of Law, University of Mumbai School of Law, University of Mumbai The School of Law, University of Mumbai is a public institution for undergraduate legal education in India. It is established under Department of Law, University of Mumbai and is situated at the University of Mumbai, Thane Sub Campus, Thane, Mumbai. The college is the one of the two law colleges in Mumbai University to offer B.B.A. - LL.B. Course, the other being University of Mumbai Law Academy. School of Law is a University administered Institution. The Campus also houses Institute of Distance & Open Learning and Management courses. Admissions to undergraduate courses happen through