An Overview of Major Banks in India

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The book provides a comprehensive overview of the Indian banking industry, focusing on recent innovations such as payments and small finance banks, which received central bank approvals in FY 2015-16. It details the structure of the banking system, highlighting the dominance of public-sector banks, which hold 80% of the market share. The text also discusses the shift towards mobile finance management and forecasts credit growth improvements for FY 2017. Overall, it emphasizes the key activities and developments shaping major banks in India.