Scheduled Bank:
Scheduled banks are those banks that are included in the Second Schedule of the Reserve Bank of India Act, 1934. These banks are eligible for obtaining loans from the Reserve Bank of India (RBI) and also have to maintain a certain amount of cash reserves with the RBI. They are regulated by the RBI and are subject to its guidelines and regulations. Scheduled banks play a crucial role in the Indian banking system and offer a wide range of banking services to individuals and businesses.

Non-Scheduled Bank:
Non-scheduled banks, on the other hand, are not included in the Second Schedule of the RBI Act, 1934. They do not enjoy the same privileges as scheduled banks and are not eligible for obtaining loans from the RBI. These banks are regulated by other regulatory authorities such as state governments or cooperative societies. Non-scheduled banks are generally smaller in size and have limited operations compared to scheduled banks.

Differences:

1. Inclusion in the Second Schedule:
- Scheduled banks are included in the Second Schedule of the RBI Act, while non-scheduled banks are not.

2. Eligibility for Loans from RBI:
- Scheduled banks are eligible for obtaining loans from the RBI, whereas non-scheduled banks do not have this privilege.

3. Cash Reserve Ratio (CRR) Requirement:
- Scheduled banks have to maintain a certain percentage of their deposits as cash reserves with the RBI, as per the CRR requirement. Non-scheduled banks do not have to meet this requirement.

4. Regulation:
- Scheduled banks are regulated by the RBI and have to comply with its guidelines and regulations. Non-scheduled banks are regulated by other regulatory authorities such as state governments or cooperative societies.

5. Size and Operations:
- Scheduled banks are generally larger in size and have a wider range of banking operations compared to non-scheduled banks. Non-scheduled banks are usually smaller and have limited operations.

6. Banking Services:
- Scheduled banks offer a comprehensive range of banking services to individuals and businesses, including savings accounts, current accounts, loans, credit cards, and more. Non-scheduled banks may offer a limited set of services depending on their size and regulatory framework.

Conclusion:
Scheduled banks and non-scheduled banks differ in terms of their inclusion in the Second Schedule, eligibility for loans from the RBI, cash reserve ratio requirement, regulation, size, operations, and the range of banking services offered. Scheduled banks enjoy certain privileges and have a broader scope of operations due to their inclusion in the Second Schedule and regulation by the RBI. Non-scheduled banks, on the other hand, have a more limited scope and are regulated by other authorities.