The banking sector is the lifeline of any modern economy. It is one of the essential financial pillars of the financial department which plays a vital role in regulating the economy. Therefore, the development of a country is directly linked with the progress of a Bank. In a developing economy like this, banks are considered not just the dealers in money but as the leaders of development.
The Banking industry managed finances of a country like cash & credit. Banks are those institutions that accept deposits and grant credit to the entities and they play a great role in keeping up the economic condition of a country. Talking about India , RBI (Reserve Bank of India) is the ultimate banking institutional body that manages the monitory policy of the country.
To understand basics of Banking ,its history & functions feel free to enroll in the course now & for more details you can visit : https://www.iid.org.in/