ROLE OF COMMERCIAL BANKS IN GROWTH OF A COUNTRY

SAKSHI TEWARI MANSI GARG

Abstract


Now a day’s banking sector acts as a backbone of the growing economy and a
well-organized banking system is very important for the expansion of the country. Banks
play a substantial role in the growth of Indian economy. They play a vital role in the
expansion of trade and industry as well. If the banking system of a country is efficient and
effective it brings about a fast pace of growth in different sectors of the economy. The basic
function of commercial bank in Indian economy is to provide financial assistance to general
public and the business enterprises. Commercial banks in India include SBI and its
subsidiaries, regional rural banks, foreign banks and nationalized banks. In this research
we provide findings on commercial banks and the main aim of the research is to critically
examine the role of commercial banks in growth India.

Keywords


Economic growth, GDP (Gross Domestic Product), National Income.

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References


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