The evolution of Indian banking can be broadly divided into three phases for analytical purposes: Phase I: Pre-Nationalization Era (1947–1969) – Characterized by a predominance of private banks,...
The Micro Units Development and Refinance Agency (MUDRA) Bank is a specialised financial institution established by the Government of India in 2015 to promote and finance micro and...
Asset quality refers to the health of a bank’s loan and asset portfolio. Strong asset quality means most loans are performing (being repaid on time), which keeps banks...
The first phase of bank nationalisation in India marked a decisive shift in the country’s financial and economic policy. On 19 July 1969, the Government of India issued...
“Systemically Important Banks” are those banks whose failure could cause significant disruption to the financial system and economy due to their size, interconnectedness, and importance. In simpler terms,...
Over the last decade, the NBFC sector expanded rapidly in size, complexity, and interconnectedness with the rest of the financial system. Some NBFCs grew to become as large...
Old Private Sector Banks are private banks that were established before the nationalisation of banks in 1969 and continue to operate in India today. These banks form a...
Payments Banks are a specialized category of niche or differentiated banking institutions in India. The Reserve Bank of India (RBI) introduced them based on the recommendations of the...
Non-Banking Financial Companies (NBFCs) are financial institutions that provide banking and financial services without meeting the legal definition of a bank. In India, an NBFC is incorporated under...
Various Types of Banking are as follows: Branch Banking Branch banking involves business of banking via branches. The branches are set up under Section 23 of Banking Regulations...
The Indian banking system has a multi-layered structure designed to meet the diverse needs of the economy. At the apex is the Reserve Bank of India (RBI), which...
After India’s independence, it was deemed essential that the central bank be fully owned and controlled by the government to direct the monetary policy in the public interest....
