Loans Offered By Private and Public Sector Banks.

      Аннотация: Banks play a role of considerable economic significance as intermediaries in mobilizing public savings and channelizing the flow of funds for productive purposes, keeping on the process of the economic growth of the country.Realizing the importance of the role of the banks in economic development, Government of India/Reserve Bank of India took several major initiatives after the country attained independence to gear the banking system to serve the national objective.

Ключевые слова: banks, Reserve Bank of India, Personal loan, Private Bank