AN ANALYTICAL STUDY ON THE GROWTH AND DEVELOPMENT OF THE INDIAN BANKING SYSTEM
Abstract
A sound and efficient banking system is a pre-requisite for a healthy economy. In today’s time, the Indian Banking industry is not confined to perform its operations in a protected environment rather Liberalisation, Privatisation and Globalisation have opened floodgates of competition for them. Due to the advancement in Information technology, the customer’s awareness level has been increased which has made them more demanding. In order to meet the demands of the customers and to survive in the competitive environment, there has to be determination and skill of innovation in the Banking industry. This has led to the adoption of innovative business practices by various Banks in India. The present paper is an initiative to understand the growth of the Indian Banking System and to have an insight on the market capitalization of the Indian Banks.
Keyword : Indian Banking System, Growth, Development, Performance, Market Capitalization.
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References
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