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.