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Economic Law

Banking System in India
Economic Law

Banking System in India

INTRODUCTION: Banks are considered as backbone of every country’s financial system as they provide adequate credit to the agencies which are in requirement for the development purpose. Finance plays a crucial role in execution of plans and policies of every organization. Without sound and stable financial system, no government or organization could achieve their goals into their administration in an effective manner. Every new business can be initiated if the person has adequate financial support system and machinery to regulate it. For every successful administration there must be effective financial system of it, so that in urgency they could maintain stability into the administration. In recent times, as new advancements in every field takes place, various revolutionary changes h...