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Issue - 2024 Page No -57
A STUDY OF BANKING SECTOR IN INDIAAND OVERVIEW OF PERFORMANCE OF INDIAN BANKS WITH REFERENCE TO NET INTEREST MARGIN AND MARKET CAPITALIZATION OF BANKS
Mr. Mohammad Lazib
Abstract :
Banking and financial services are essential to the functioning of markets and businesses. The banking industry today is the backbone of contemporary commerce. The banking system is crucial to the progress of every nation. A financial entity that accepts deposits, makes loans, and provides other banking services is called a bank. Financial institution that accepts deposits from savers and makes loans to borrowers. Banking is a crucial and integral component of human existence. People in today's fast-paced society may not have time to build a solid financial support system before making major life changes. Nationalised banks are the backbone of India's financial system. Perhaps no other industry's success can be disentangled from that of the banking industry. According to estimates, the Indian economy's development has slowed dramatically. Business expansion in India's banking sector was relatively subdued in FY12 due to the country's slowing economy and external factors. As a result, financial institutions have been compelled to cut costs, shift priorities, and fortify their balance sheets. Here, the focus is on Indian banks and the financial climate in India.
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