Question

report on banking industry​

Answer 1

Answer:

The Indian banking system consists of 27 public sector banks, 21 private sector banks, 49 foreign banks, 56 regional rural banks, 1,562 urban cooperative banks and 94,384 rural cooperative banks, in addition to cooperative credit institutions.

Answer 2

banks are the profit making business institutes. bank word is originated from a greak word Banc. the discovery of the banking system is one of the most important discoveries of the world.

the banks take loan from RBI at the intrest of 4 percent. there is a primary function of banks to keep people debts and the secondary function is to give loan to the customer and also there are some other function of banks i.e. like secure locker and payment and drafts etc