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A Study on Recent Trends in Banking in India

Issue Abstract

Abstract
Today, India has a reasonably properly developed system with different classes of banks public sector banks, foreign banks, private sector banks both old and new generation, regional rural banks and co-operative banks with the Reserve Bank of India as the fountain Head of the system. This days banking area acts as a backbone of Indian economic system which displays as a supporters during the period of increase and recession from 1991 various developments and traits in banking sector credited. It also displays the various reforms were caused to improve their services to meet the customers. The banking zone plays a vital role in the development of one country’s economy. The growth of banking sector the realize upon the services provided by them to the customers in diverse components. The growing trend of banking services is found significant after the new economic reforms in India. Now lets see the discussion about the recent trend in banking in this article.


Author Information
D.Ragul
Issue No
3
Volume No
4
Issue Publish Date
05 Mar 2024
Issue Pages
61-68

Issue References

inkedin.com/pulse/impact-blockchain-technology-banking-financial-services miraclesoft#:~:text=Transparency%20and%20efficiency%3A%20The%20use,faster%20and%20more%20cost effective.
https://en.wikipedia.org/wiki/Banking_in_India#:~:text=Modern%20banking%20in%20India%20originated,1786%20but%20failed%20in%201791.  "Banking: Theory, Law And Practice" by Gordon & Tarajan
 https://www.ibm.com/topics/blockchain