RESILIENT INDIAN BANKING SYSTEM POST-PANDEMIC AND ECONOMIC RECOVERY

The backbone of business, industry, and trade is banking and finance. Today, the banking industry serves as the foundation of contemporary commerce. Any nation’s ability to prosper rests heavily on its banking sector. A bank is a type of banking institution that deals with loans, deposits, and other services. It accepts deposits from people who wish to save cash and lends cash to people who need it. One of life’s most fundamental and significant aspects is finance. Without creating the appropriate bank network, people may not be able to make the required transitions in today’s rapid living. Nationalised banks control India’s banking system. The banking industry’s progress is more strongly correlated with the economy’s growth. than that of probably any other area. According to estimates, the Indian economy’s growth has been slowing off dramatically. The commercial banking sector’s development in India in FY12 was impacted by the global financial crisis and other worldwide changes, which led to a small increase in activity. It has compelled banks to streamline their operations, change their strategic priorities, and work to improve their balance sheets. Here, the aim of the investigator is to examine the Indian banking industry and Indian bank profitability.