Along with the basic necessities of life, there is something more important. It is almost impossible to throw light on all those important facts at once. That's why, in this research paper, only one source has been described out of various sources that support the basis of human life. In today's time, the light pillar through which light is spreading in the life of human beings, the name of that light pillar is- Bank. Today banks are an integral part of our lives. Whether the country is developed or developing, the role of banks is important for everyone in every field. Today we have separate commercial banks for urban areas and banks for development in rural areas have been designated separately as Regional Rural Banks. The classification of banks in the country as public and private sector is confirmed. Today we have a well-developed banking system in the form of NABARD and RBI, which is continuously working to take the country forward on the path of development. Our economy is growing at a sufficient pace. It has become the fifth largest economy in the world and is contributing about 15% to global growth.

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Keywords: RRB, NABARD, RBI, Global Growth, Public and Private Sector.