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What is History of Indian Banking System about?

1. The Indian banking system has undergone significant changes since independence in 1947 and can be divided into three phases. 2. The first phase from 1786-1969 saw the establishment of many private banks but growth was slow. The second phase from 1969-1991 involved nationalization of banks and expansion. 3. The current phase since 1991 has introduced reforms and liberalization, increasing competition and modernization of services through new technologies.

Author

Sky Drive

Language

EN