Manuscript Number : SHISRRJ203358

A Survey of the Banking System in India

Authors(2) :-Manoj Kumar, Dr. Saurabh Verma

Bank is the most accessible means in India or other countries to keep money safe. The history of banks in India is very old which started around 1770. Earlier all the banks used to be private and they used to deposit people's money and earn profit by taking it on interest, but the government did not get any benefit from it because the profit on it used to be private persons. After government undertaking of banks, people's trust in the banks increased and all the business and transactions etc. started being done through banks, due to which the country's economy also started getting benefits. In this paper we have given a detailed description about the history of banks in India.

Authors and Affiliations

Manoj Kumar
Research scholar Department of Management, Sabermati University, Gujarat, India
Dr. Saurabh Verma
Research supervisor, Updahi Mahavidyalaya Pilibhit, U.P., India

Bank, Money, Business, Deposit, Withdrawal, Loan

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Publication Details

Published in : Volume 3 | Issue 4 | July-August 2020
Date of Publication : 2020-07-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 67-78
Manuscript Number : SHISRRJ203358
Publisher : Shauryam Research Institute

ISSN : 2581-6306

Cite This Article :

Manoj Kumar, Dr. Saurabh Verma, "A Survey of the Banking System in India", Shodhshauryam, International Scientific Refereed Research Journal (SHISRRJ), ISSN : 2581-6306, Volume 3, Issue 4, pp.67-78, July-August.2020
URL : https://shisrrj.com/SHISRRJ203358

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