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The document summarizes the evolution of the banking system in India from ancient to modern times. It discusses how banking originated in India during Vedic times and was an established practice by 1000-700 BC. Modern banking began in India in the late 18th century with the establishment of banks like Bank of Hindustan and Presidency Banks. The banking system experienced crises over the years until the Reserve Bank of India was established in 1935 to regulate the system. The banking sector grew post-indepen

Author

karan hulsoore

Language

EN