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Research Article

EEO. 2021; 20(1): 5252-5260


Progress Of The Indian Banking

Sylvester J., Dr. Sapna Rathore.




Abstract

The banking system in India has rich history, balanced present and incredible future prospects in competitive world. Indian Banks have developed them gradually as per dynamic needs of customers. Banks are one of the most vital organizations for proper health of the economy and GDP of the country. It also has a significant role in keeping the faith of customers making them to feel their belongings like gold and money are safe in banks. In today’s world, Banks has to offer all significant facilities to maintain healthy Customer – Banker relationship.

The study also covers varied topics that clearly specify how banking institutions evolved themselves in India. Such topics are the History of Indian Banks, Nationalization of Indian Banks, Banking System in the British Era, Banking after Independence, Globalization of Banks and Banks in the Modern Era.

Key words: Banking System, Loan Processing, Credit Cards, ATM, and NPA.






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