Pushover analysis has gained significant popularity as an analytical tool for realistic determination of the inelastic behaviour of RC structures. Though significant work has been done to evaluate the demands realistically, the evaluation of capacity and realistic failure modes has taken a back seat. In order to throw light on the inelastic behaviour and capacity evaluation for the RC framed structures, a 3D Reinforced concrete frame structure was tested under monotonically increasing lateral pushover loads, in a parabolic pattern, till failure. The structure consisted of three storeys and had 2 bays along the two orthogonal directions. The structure was gradually pushed in small increments of load and the corresponding displacements were monitored continuously, leading to a pushover curve for the structure as a result of the test along with other relevant information such as strains on reinforcement bars at critical locations, failure modes etc. The major failure modes were observed as flexural failure of beams and columns, torsional failure of transverse beams and joint shear failure. The analysis of the structure was by considering all these failure modes. In order to have a comparison, the analysis was performed as three different cases. In one case, only the flexural hinges were modelled for critical locations in beams and columns; in second the torsional hinges for transverse beams were included in the analysis and in the third case, joint shear hinges were also included in the analysis. It is shown that modelling and capturing all the failure modes is practically possible and such an analysis can provide the realistic insight into the behaviour of the structure.