A Study the history and development of the banking sector of India

Exploring the Evolution and Reforms of India's Banking Sector

Abstract

It's important to understand how India's banking system has evolved through time, also logicfor why reform is necessary and which reforms are needed. Before India gained independence in 1947,there was a long history of banking in India. The study's aim is the development of Indian banks. Amongthe most crucial aspects of human life is banking. In today's fast-paced society, people may not be able tomake the right transitions if they lack a bank network. Nationalized banks dominate the Indian bankingsystem. Every country has a banking industry that serves as its foundation. As the financial system'shub and barometer, the banking industry is widely regarded.