International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Research Paper | Finance | India | Volume 12 Issue 4, April 2023 | Rating: 5.1 / 10


An Insight in to Banking Sector's Challenges in Current Scenario

Minouti Kaivalya Baxi | Dr. Bhavik U. Swadia


Abstract: Role of banking system is vital for any nation?s economy and prosperity. Banking system has gone through various phases in India. With dynamic environment in trade and commerce at global level, banking system also went though substantial transformation. Globalization, wider use of technology, financial liberalization has resulted in to a new phase for banking system. However these new opportunities have also bent various challenges for banking sector. This study aims to study current challenges of banking system.


Keywords: Banking system, globalization, use of technology, challenges


Edition: Volume 12 Issue 4, April 2023,


Pages: 527 - 528


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