[BES171] Banking-Classification: Wholesale Banks, Cooperative Banks, DFI AIFI, MUDRA Bank, Islamic Bank, NBFCs & Indigenous Moneylenders

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UPSC Paperset
  1. Banking Classification #4: Wholesale Bank (WLTF), Cooperative Banks, DCCB, PACS, NABARD, SIDBI, EXIM, NHB, DFI, SFI, IFCI, SIDC, SSIDC
  2. Banking Classification #5: Islamic Banking, Indigenous Bankers, MUDRA Bank and NBFCs, Account Aggregators, Fintech Companies

Prologue: from now on, all Powerpoint available at http://mrunal.org/powerpoint BUT in Mediafire folder, don't try to download all PPTs at once in zip file, else it'll give error in opening the powerpoints.

Banking Classification #4: Wholesale Bank (WLTF), Cooperative Banks, DCCB, PACS, NABARD, SIDBI, EXIM, NHB, DFI, SFI, IFCI, SIDC, SSIDC

  • At present, neither the government nor the commercial banks are in position to drastically increase their finance to infrastructure projects, because of fiscal deficit and NPA problems respectively.
  • Therefore, RBI has proposed to create a in new category of differential bank known as wholesale and long-term finance (WLTF) bank to accept large deposits and accept them in infrastructure and industrial projects.
  • How are whole sale banks different from universal commercial banks, payment banks and small finance banks?
  • How are Cooperative banks different from Commercial banks?
  • Classification of cooperative banks in India. Problems of Rural and Urban cooperatives, budgetary provisions for setting up core banking solution (CBS) between village cooperatives and district cooperatives.
  • What are Developmental financial institutions (DFI)? How are they different from commercial banks? The rise and end of DFI in India from: IFCI, SFI, NSIC, ICICI, IDBI, SIDC, SSIDC till Narsimhan-II Committee.
  • All India financial institutions (AIFI): NABARD, SIDBI, EXIM and NHB: their ownership, functions and chronological order of establishment.

Wholesale Banks
Youtube Link: https://youtu.be/XivIwxS5bSU

Banking Classification #5: Islamic Banking, Indigenous Bankers, MUDRA Bank and NBFCs, Account Aggregators, Fintech Companies

  • in this lecture, we will continue forward with our classification of financial intermediaries, starting with “what primary dealers (PD) and who regulates them?”
  • Define bank? What is an NBFC? What are the differences between them two?
  • Classification of nonbanking financial companies based on their regulators:
  • RBI control NBFCs: Asset Finance Company (AFC), Infrastructure Finance Company, Infrastructure Debt Fund (IDF), Investment Co., Core investment, Gold Loan companies, Factor Companies, Microfinance, Chit funds and residual NBFCs.
  • What are NBFC Account Aggregators (AA) and peer-to-peer lending Fintech Firms?
  • SEBI controlled NBFCs: Stock Broker, MF, Investment Banks: (US term), Merchant Banking Companies: (UK term), Venture Capital Fund
  • NBFCs regulated by IRDA, PFRDA and National Housing Bank?
  • What are NIDHI companies and Microfinance institutes?
  • Micro Units Development & Refinance Agency Ltd. (MUDRA): origin, structure and functions. Why are MUDRA bank loans unattractive for NBFCs and MFIs?
  • What are the principles of Islamic Banking? What is RBI’s stand about allowing their entry in India? How can they help Indian Economy? What is Shariah Equity Mutual fund?
  • Unregulated Credit Agencies: Indigenous Banker, Moneylender, Financial Broker. Their salient features
  • Answer to the persistent question in comments: When will the syllabus be over?

NBFC Companies & Islamic Banking
Youtube Link: https://youtu.be/7SFaHLd4DLs

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  7. Topic wise Solved Paperset by Disha

So far 54 Comments posted

  1. Neeraj

    Mrunal Sir,

    You are doing an incredible work and we will always be indebted for such a work of yours. You have chosen the right path.

    I and lacs of people in India can confidently study Indian Economy just because the way you teach. Your way of teaching is the best. Yes it was important to let people know finally that why the videos were taking so much time. I think this one would definitely convince all of them. Even while explaining this, you included some facts which tells about your analytical perspective.

    May be in future, people like me would like to join the Mrunal Support Team to let this initiative enshrine even more and reach more and more people.

    Just remember one thing, even if someone can’t pay back to you in any non-financial way, “Dua me hamesha yaad rahoge”.

    Thanks a Lot!!!

  2. sai

    please provide these lectures in pdf in english

    1. tushar

      you can download the PPTs and convert them into PDFs by using ‘save as’ option…

  3. Ankit

    Do not fear, when Mrunal bhai is here

  4. Gaurav raj

    Sir… aap to last me emotional kar diye… # Massive respect👏👏👍

    1. Rishabh Shukla

      You Are Right Bro

  5. Shruti Sahay

    Jagatguru Mrunal patel Sir,
    Aaj to rula hi diya aapne!!

  6. Pravakar Pradhan

    When i started my preparation i did not know what is Economics ?.Always thinking it is very difficult to understand , frankly speaking after seeing your lectures my old thought has faded . If simply speaking ”Thank You” will give deliverance to me ,then i won’t speak. I always be indebted to you in my life.

  7. Dpk

    Anyone able to download the powerpoint here??


    when you sir(a respected person) teach us we people get indebted………

  9. A mrunal fan

    hey guys , we should donate . Even if 200 people donate 100 rupees each, a total 20,000 wil be donated. He does a lot of hard work. I am think everyone can afford atleast 100 rupees. I have done my bit. Support Mrunal!


    Mrunal sir,
    बस आपकी वाजेह से में आज घर पर एक रिमोट एरिया में रेह कर तयारी कर पा रहा हुं। you are true inspiration to all of ous and strong example in front of all teacher’s those who charge huge money for chinddi teaching.
    मोदी जी की जगह में होता तो आपको भारत रत्न दे चुका होता। hope in future it will happen.

  11. Humm

    Sir nex lec ki ppt uplaod kr dijiyega

  12. gourav nandal

    Dear Sir

    in finance inclusion lecture 2 there is no audio voice . plz upload the video again.


  13. vishal

    Bahubali ho aap..#respect

  14. Birendra pandit

    Thank you sir..

  15. Dillagi

    Sir plz jaldi se jaldi complete kr dijiyega kyuki 2 se 3 baar sunne pdenge lec sir aik baar me bhot km poin clear hote h sir plz jaldi kriyega ..

  16. neha

    sir iska answer kya hai?

    UTGST is applicable on __?
    a-Mfg. of goods and services in the union territories without legislature.
    b-Sale of goods and services from union territories without legislature to rest of India.
    c-Sale of goods and services in the union territories without legislature.
    d-Only “B” and “C”.

    1. vijay gautam

      my opinion answer may be ‘c’

    2. Akash

      Answer is c.
      Option a – Tax on mfg. is CGST
      Option b – GST is a destination based tax so the importer will get the SGST/UTGST depending upon if it is a state/UT
      Option c – The UT will get UTGST

  17. P

    Donated 500 RS.just a small contribution…..Thanks Mrunal sir.


    Sir, Please make videos in english. Our south Indian brothers and sisters are facing problem in understanding….
    We are eternally grateful to you…
    Thank you sir…

  19. SOLO

    UPSC Results Declared!!!!!

  20. sd

    can anyone tell me how to check cse prelims marks?

    1. swaroop dharmappa

      hi friends,

      please let me know, if we can check 2016 prelims marks?
      I have checked upsc.gov.in however, I din’t get any valuable information.


  21. Shanumuggam Periyar

    Please post new lectures…less time remain…tension is increase…please sir two weeks no new lecture

  22. Soni

    Sir hm aapke notes ko download nhi kar pa rahe..plz send me the process to download notes

  23. Shanumuggam Periyar

    2 weeks no nw lecture please sir more lecture require or course over?


    Dear, website update nhi ho rha hai..only YouTube channel par Lectures update ho ehe hai.
    BES17 series khatam hone wala hai ab.

    1. Shanumuggam Periyar

      Rajneesh , thank you I am thought that no new lecture is update…but I now see it on Youtube

  25. Amol

    Sir Mediafire is giving low speeds for downloads. So Please Try to upload it in Google Drive. Thank you so much for your help in educating us

  26. Upendra jain

    Please post new lectures…less time remain…tension is increase…please sir two weeks no new lecture

  27. Latha Chari

    Amazing. Such wonderful examples, so comprehensive, lucid language, awesome ppts. Never thought Economics could be taught so nicely, made so lively and yet cover all the important concepts, current too. God bless you sir.

  28. MKB

    Mrunal sir where are you…..waiting anxiously for new vedios …hurry up please

    1. manoj

      go to his youtube channel,new videos are posted there………

  29. Ramu alwariya

    Sir aap hi Hindi medium ki umeed ho…please lcture dal do ek week h ab ..

  30. jayendra

    Respected sir,
    please help me.,,
    my confusion regarding selection of optional subject.i am confuse between sociology,guj.lit,and pol.sci.&IR. my writing medium in mains is gujarati. i am fully unaware about availibility of materials and source in gujarat. please help me sir,,.

  31. prabhakar singh

    Thank you for this valuable information . Can you describe for which study material is best for all banking exam.

  32. Ramu Alwariya

    sir ji 4 din h ab toh daal do lectures

  33. Ram Alewariya

    Sir pls more lectures chaie

    1. Grvg

      all the lectures are already uploaded on youtube channel

      1. Ramu Alwariya

        dhanyawad Grvgg

  34. sakshi

    Sir has already completed the series. Go to his YouTube channel,you’ll find the remaining videos.

    1. Ramu Alwariya

      dhanyawad sakshi…mujhe lecture mil gae dekho ab unko dekh luuuu yehi badii baat h

  35. Ramu Alwariya

    Ab toh 2,dinh daal do sir lecture

  36. anubhav bang

    Sir, i’m new to technology, i downloaded your ppts, in zip form, then extracted it. but dont know how to watch ppts, they are not in powerpoint form ?

  37. RAJEEV

    Bhai youtube pe lectures already uploaded hai, bas website update ni hai. PPT bhi sir ne uploaded hai, download section section new BES seies hai.


    Sir आप जो economics video lecture मे पढ़ाते है क्या उस lecture का PDF उपलब्ध हो सकता हैं ?

  39. somnath

    Sir, I have two signature, but I am not able to recall that which signature I have been uploaded. Sir plz help me.

  40. Darth

    Download ever ppt individually.

  41. Naresh

    My answers will be c

  42. Akshay

    Does Mrunal Sir update his videos yearly?

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