The History of Banking System in India.
The banking system in India has taken tremendous revolutions in the past years. Trade and commerce have been part of the Indian social organization since the times of civilization. The trading organizations were initially organized into social systems that mostly based their relationships on the exchange of goods and services. Banking is important for the economy of a country to grow at the global pace. The changes that these institutions have made for the Indian commerce are quite significant. Trading activities were formerly held by various social groups and run by the wealthy merchants of the time. Trade and ...