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INSPIRA

ISO 9001:2015

INTERNATIONAL JOURNAL OF ADVANCED RESEARCH IN COMMERCE, MANAGEMENT & SOCIAL SCIENCE (IJARCMSS)

CHALLENGES BEFORE THE INDIAN BANKING SECTOR

Dr. Ravindra Mahto

In recent years, there has been a considerable widening and deepening of the Indian financial system, of which banking is a significant component. With greater liberalization, the financial system has come to play a much larger role in the allocation of resources than in the past and its role in future can be expected to much larger it than at present. Given the- significance of the Indian banking system in the allocation of resources, one cannot afford to underplay the importance of a strong and resilient banking system.

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Keywords: Financial System, Liberalization, Banking System, LPG.


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