The banking sector in India functions under the oversight of the Reserve Bank of India. The banking industry consists of scheduled and unscheduled banks. Scheduled banks include commercial and co-operative banks, which are included in the Second Schedule of the RBI Act of 1934. The government has made the Pradhan Mantri Jan Dhan Yojana scheme open-ended and added incentives to promote financial inclusion. Macroeconomic factors like GDP, inflation, interest rates, exchange rates, FDI, and government/RBI policies all impact the banking industry in India.

1. BANKING SECTOR
IN INDIA

2. BANKING INDUSTRY IN INDIA
Banking Industry in India functions under
the sunshade of Reserve Bank of India -
the regulatory, Central Bank. Banking
Industry mainly consists of:
1. Scheduled Banks
2. Unscheduled Bank.
The scheduled banking structure in India
consists of:
• Commercial Banks
• Co-operative Banks
Scheduled commercial banks constitute
those banks which have been
included in the Second Schedule of
Reserve Bank of India (RBI) Act, 1934.

3. Government Initiatives
• As of September 2018, the Government of India has made the Pradhan Mantri Jan
Dhan Yojana (PMJDY) scheme an open ended scheme and has also added more
incentives.
BANKING SCENARIO IN INDIA

4. MACROECONOMIC
FACTORS
AFFECTING THE
BANKING
INDUSTRY IN INDIA

5. GROSS DOMESTIC
PRODUCT (GDP)
INFLATION RATES

6. INTEREST RATES
EXCHANGE RATES

7. FOREIGN DIRECT
INVESTMENT (FDI)
GOVERNMENTAL
AND
RBI POLICIES