How does working structure in India banking Systems?

The working structure of banking systems in India typically follows a hierarchical model. At the top, there are governing bodies like the Reserve Bank of India (RBI), which regulates and supervises the banking sector. Below are various types of banks, including public sector banks (owned by the government), private sector banks (owned by private entities), and cooperative banks (owned by their members). Each bank has its own organizational structure, comprising departments such as retail banking, corporate banking, operations, risk management, and compliance. Within each department, there are employees ranging from executives to clerical staff, each with specific roles and responsibilities. Additionally, there are various support functions such as IT, human resources, and finance that contribute to the overall functioning of the banking system.