India's banking sector is a vital pillar of the country's economy, acting as a bridge between capital surplus and capital deficit areas. It has evolved significantly over the past few decades, embracing technology, expanding financial inclusion, and fostering economic growth. The sector comprises public sector banks (PSBs), private sector banks, regional rural banks (RRBs), cooperative banks, and foreign banks.
As of 2025, India's banking landscape is one of the most robust in the emerging market economies, supported by strong regulatory oversight from the Reserve Bank of India (RBI) and an expanding customer base driven by digital banking and fintech growth.more..
Between October 2024 and April 2025, the Consumer Price Index (CPI) fell sharply from 6.21% to 3.16%. This notable decline signals easing inflationary pressure, bringing relief to households and businesses alike. The shift reflects improved supply chains, tighter monetary policy, and stabilizing global markets — a promising sign for economic resilience and purchasing power.
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