A Review the history of Indian Banking Sector of Changing Income Configuration

Abstract

Indian banking has evolved from a traditional structure to a modern, technology-driven enterprise. The paper explores how policy changes, financial inclusion initiatives, and technological advancements have influenced banks' profitability and sustainability. Financial institutions are money traders because they deal with money. However, banks' roles have grown and evolved over the years. Thus, banks are increasingly involved in the creation of credit in addition to their traditional role as money exchangers. The Indian banking system has made great strides & accomplished remarkable things in recent years. Indian banking has expanded to even the most remote regions of the country, showcasing its wide-ranging influence and inclusive economic story. When it comes to India's financial system, banks are the big players. Banking companies in the current day enhance people's quality of life by providing a wide range of services & facilities to its clients. By analyzing these trends, the review provides insights into the dynamic nature of income generation in the Indian banking sector and its implications for future growth.