NON FUND BASED INCOME IN INDIAN BANKING SECTOR a COMPARATIVE STUDY

Abstract

Banks play a very vital role in the Indian financial market as they are the largest providers of credit and attract most of the savings from the population. Banking is necessary for the economic development of all the nations of the world because a developed banking system holds the key as well as serves as an indicator for the economic healthiness of a country. Banking Industry is one of the most successful and strong industry of our country. A banking system is also referred as a system provided by the bank which offers cash management services for customers, reporting the transactions of their accounts and portfolios, throughout the day. The banking system in India should not only be hassle free but it should be able to meet the new challenges posed by the technology and any other external and internal factors. For the past three decades, India s newline