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The document provides a history of banking in India from the 18th century to present day. It discusses the origins of the earliest banks in India and the establishment of presidency banks under British rule. It then summarizes the nationalization of banks in India in 1969 and 1980, which placed over 90% of banking under government control. The period of liberalization in the 1990s saw an increase in private sector and foreign banks in India. The structure of banking in India is now mature with widespread su
- Author
- RahulKrishnan
- Language
- EN