write about banking sector
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Explanation:
It is a territory sector
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Banking sector
•Banking has emerged as a resurgent sector in the Indian economy
•The banking sector index has grown at a compounded annual rate of over 51% since the year 2001.
•Three types of Sectors in Banking: Public, Private and Foreign.
Government Regulatory
-Reserve Bank of India controls the banking system of India.
-RBI decides the various factors related to banking I.e., Fiscal policy, repo rate, SLR, etc.
•Banking has emerged as a resurgent sector in the Indian economy
•The banking sector index has grown at a compounded annual rate of over 51% since the year 2001.
•Three types of Sectors in Banking: Public, Private and Foreign.
Government Regulatory
-Reserve Bank of India controls the banking system of India.
-RBI decides the various factors related to banking I.e., Fiscal policy, repo rate, SLR, etc.
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