India's GDP grew by 6.1% in the third quarter of fiscal year 2012, recording its worst performance in last 3 years. This slowdown in growth was primarily a result of high inflation, high interest rates and policy paralysis. Indian banking industry also suffered some setbacks during the course of the year because of
the prevailing unfavorable environment. Number of reporting offices of commercial banks crossed the 90,000 mark and was recorded at 91,558 by the end of September 2011. Population served...
Keep on reading: Indian Banking Industry banking on new hopes after testing times
Keep on reading: Indian Banking Industry banking on new hopes after testing times
