This document discusses the evolution of banking in India. It defines banks as institutions that deal with money and credit, linking savers to users. Banks provide safe deposits and supply liquidity by loaning money. The history of Indian banks included early private banks starting in 1786, nationalization from the 1960s to 1991, and new reforms after 1991. The banking system in India includes the central bank (Reserve Bank), public and private banks, and cooperative and development banks. Earlier, banks focused on traditional services, but now tend towards new technologies and customer-centric services.

1. BANKING EVOLUTION!!!
SOUMYAJIT MUKHERJEE
Enrollment no-VU00073
BENGAL INSTITUTE OF BUSINESS
STUDIES

3. BANKING:A system of trading money which: provides a safe place to save excess cash,
known as DEPOSITS.
 supplies liquidity to the economy by loaning
this money out to help businesses grow and to
allow consumers to purchase consumer
products, homes, cars etc.

4. BANK: Institutions which deals in money & credit.
 which handles other people’s money both
for their advantage and to its own profit.
 links the flow of funds from savers to the
users.
 plays an important role in the economy of
any country as they hold the saving of the
people.

5. HISTORY @ GLANCE of INDIAN
BANK:• First bank-1786(General Bank of India)
• 3 phases till today
 Early phase from 1786-1969 of Indian banks.
Nationalization up to 1991 prior to Indian
Banking sector reforms.
New phase of Indian Banking System with the
advent of Indian Financial & Banking Sector
reforms after 1991.

6. Central Bank
• Reserve Bank
• Owned By
Govt.
Public &
Private
Banking
• SBI
• FOREIGN
BANKS
Co-Operative
&
Development
Banks
• Co-operative
Banks
• IDBI,ICICI

7. EARLIER ROLE:-

9. TEND TO NEW :-