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Banks have played an important role in the economic development of many developed country and also emerging economies such as India. In india, banks cater to the need of a vast number of savers from the household sector, who prefer assured income, liquidity and safety of funds. The Banking Industry is a reliable business that took deposits from investors at a lower interest rate and loaned it out to borrowers at a higher rate.
Banks have played an important role in the economic development of many developed country and also emerging economies such as India. In india, banks cater to the need of a vast number of sav…