Online ISSN: 2515-8260

Keywords : Banking

A Critical Analysis Of Banking Structure In India.

Aryan Agrawal,Alok Agrawal,Himanshu Sharma,Novel Mahant,Dr. Abhishek Tripathi .

European Journal of Molecular & Clinical Medicine, 2023, Volume 10, Issue 1, Pages 1078-1082

In today’s world, the banking sector performs as the core or basis of modern business. A country’s economic improvement depends mostly on the banking structure of the country. A bank is an entity of finance. The core banking businesses that a bank carries out are receiving the money deposits and lending money and/or investing it. Nowadays the banking business plays a crucial part in human life as in the modern lifestyle of people, without having a properly developed banking network, they might not carry out proper financial transitions.
This paper deals with the banking structure in India. The present structure of banking in India which has developed over many decades is complex but detailed and it serves the requirements of credit and banking businesses of the Indian economy. The present banking structure has different layers to serve the certain and various needs of various customers. The banking structure in India plays a critical role to mobilize savings and also in the economic development of the country.

COVID-19 – Impact on Banking and Insurance Sector

Aditya More

European Journal of Molecular & Clinical Medicine, 2021, Volume 8, Issue 3, Pages 2355-2362

COVID-19 affects various industries and economies across the world. India is one amongst the countries severely affected and in 3rd place globally. BSFI sector, which is one in every of the cores for the Indian economy, also affected poorly thanks to COVID-19. during this paper, we discuss various factors like lockdown approach, moratorium, different impacts in banking, financial services and insurance sector. Further, we've given some recommendations to mitigate things so the financial services can continue with the less negative impact which can help for better services to the customer and minimal revenue loss to the financial organisation.