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VOL. 11, ISSUE 1 (2025)
Banking sector contributions to India's GDP growth: Perspectives for 2024-25
Authors
Dr. Punam Ahlawat
Abstract
This study examines the pivotal role of India's banking sector in
driving GDP growth and fostering technological innovations. The banking sector
plays a critical role in mobilizing capital, facilitating economic activities,
and promoting financial inclusion across diverse sectors. Technological
advancements, including digital transformation, fintech integration, AI, and
blockchain, have reshaped banking operations, enhancing efficiency and customer
experience. The study highlights the sector's resilience amid global
uncertainties and underscores the importance of regulatory frameworks that balance
innovation with financial stability. Looking forward, leveraging these
advancements will be crucial for sustaining economic momentum and achieving
inclusive growth. This study provides key perspectives on how the banking
sector's evolution contributes to India's economic resilience and technological
advancement in the global landscape.
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Pages:19-23
How to cite this article:
Dr. Punam Ahlawat "Banking sector contributions to India's GDP growth: Perspectives for 2024-25". International Journal of Commerce and Management Research, Vol 11, Issue 1, 2025, Pages 19-23
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