India, Jan. 29 -- Outperforming global peers financial parameters and ensuring higher profitability while adhering to prudent Risk Management - the Banking Sector in India is based on strong fundamentals and stands as a beacon to the ever of everchanging volatility of the Financial markets and Resultant economic turbulence.
On a positive note, deposits and credit has grown in double digits in 2024-25, gross NPA's have dropped to 2.1 per cent and the Indian Banking Sector has exhibited significant resilience. More than 57 crore Jan Dhan accounts have turned financial inclusion into a mass movement, linking families to banking. Banking employment nearly doubled over two decades. Total employees increased from 8.6 lakh to 18.1 lakh, with pr...
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