Growth of Banking Sector India – Contribution of Public Sector and Private Sector Banks in Economy
The Banking Sector in India has undergone a paradigm shift from traditional banking to digital banking over the past decades.
In spite of the global economic turn down, the India’s Banks are sufficiently capitalized to resilient the macro-economic risks. Today there are 19 Public sectors banks are there in India including State Bank of India. In addition to that there are 49 foreign banks, 56 regional rural banks, 1,562 urban cooperative banks and 94,384 rural cooperative banks operating in Read more [...]