2024, Vol. 5, Issue 1, Part H
Commercial banks practices in India: An overview
Author(s): Ravi Shankar Kumar and Dr. ID Prasad
Abstract: A financially strong banking sector has been backbone of economic development of the country. Indian Banking Industry has shown better progress in enhancing financial performance and health of the country and offering employment since last yester decades. This sector continues to remain a highly dominant sector in India inspite of economic slowdown. Globalization has changed the fate and future of Indian banking sector. With the entry of new players Indian Banks are competing at global level for sound business operation. Inflows of Foreign Direct Investment Banking in system in India plays significant role in accelerating pace of economy, and plays vital role in the economic development because it does not only provide opportunities to the bank to enhance their economic development but also opens new vistas. Banking sector creating innovative financial products and improving capitalization of banks by making them adaptable to changing market conditions.
Pages: 643-646 | Views: 313 | Downloads: 184
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How to cite this article:
Ravi Shankar Kumar, Dr. ID Prasad. Commercial banks practices in India: An overview. Asian J Manage Commerce 2024;5(1):643-646.
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