A Study of The Indian Banking Sector – Recent Trends & Challenges

This paper highlights the current trends in the banking sector notably in the area of technology adoption& financial inclusion. It also encapsulates the challenges, particularly in the context of growing proportion of stressed assets and adherence to Basel norms. It further traces the initiatives taken by the Government and Reserve Bank of India to usher in reforms in the banking sector. Some suggestions for improving the efficiency of the banking system, particularly the public sector banks (PSBs) are incorporated in the last section of the paper.