A Comparative Analysis of Indian Banking System for Triggering GDP Growth and Economic Stability

Shivali Satishrao Mane-Deshmukh 1
  • 1Principal-Shri.Chhatrapati Art's and Commerce College, Bhawaninagar

Keywords: Indian banking system, GDP growth, Economic stability, Comparative analysis, Banking sector efficiency and Long-term economic growth

Abstract

This article evaluates the contribution of the Indian banking industry to GDP growth and economic stability through a comparative comparison of its performance. The study's purpose is to improve banking sector efficiency and promote long-term economic growth by shedding light on critical issues for stakeholders, policymakers, and regulators (Ang, 2008). The research mixes quantitative data from secondary sources with qualitative data gathered via interviews with key stakeholders using a mixed data analytic strategy that includes linear multivariate regression analysis. These findings emphasize the importance of loan allocation, bank profitability, financial inclusion, technical advancement, and NPA management in India's economic growth. 

PUBLISHED
2023-10-12
ISSUE
Vol 2 Issue 4 (2023)

Journal Details

   ISSN : 2583 – 7117

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