Money Hop Bank14 Jul, 2021Finance
We have seen unprecedented growth and remarkable improvements in the efficiency and quality of assets in the Indian banking sector since the beginning of economic liberalization. From providing vanilla banking services, Indian banks have gradually reformed into universal banks. The banking system of India was probably one of the few banking systems that remained unscathed by the global financial crisis in 2008 primarily due to the savings nature of the Indians and absence of hyper-leveraged lifestyle.
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