Growth of Banking Industry in India will be and has been more qualitative than quantitative as projected by "India vision 2020," and Draft 10th plan, this report forecasts pace of expansion in banks' balance-sheet is expected to be decelerate. Total assures of all commercial banks by 2010 end-march is estimated 40, 90,000 crores.
Indian banking industry has improved a lot over the previous years, both public and private sector. Public sector banking has been able to give a tough high five to the private sector banking. The number of consumers of public sector banking are also relatively high. And as mentioned above, government needs to work on delivering quantity since the quality factor has been almost met. Do you agree?
