Business banking in India is not yet a mainstream practice but it is growing fast.
This week, the Reserve Bank of India (RBI) released the first data on the growth of banks, and found that the number of business banking establishments rose from 13.7% in 2010 to 17.3% in 2016.
This is great news for India’s banks.
Business banking accounts for around one in 10 of the total banking business.
Business banks account for around 1% of the GDP.
It is one of the few sectors where growth is more rapid than growth in the other sectors.
The RBI data comes after a series of scandals in Indian banking that have rocked the country, including the Raghuram Rajan scam and the Bofors scam.
This has led to a sharp increase in interest rates and capital requirements.
The government is now trying to encourage banking to invest in more modern technology and infrastructure to make it easier for businesses to operate.
Banking is not just a business.
It has also been an integral part of our lives for centuries.
The Indian economy is the largest in the world.
A large proportion of Indians work in the banking sector, including in the top tier of companies such as banks and insurance companies.
The banking sector accounts for nearly 15% of India the GDP, and employs more than 7 million people.
The growth of the banking industry has helped make India one of Indias fastest growing economies.
A recent report by the Reserve Board of India found that in 2017, India grew at 7.9% a year, which is an increase of 0.6% over the previous year.
This growth has been helped by a rising tide of foreign capital inflows, which has helped Indian banks.
This led to an average annual capital infusion of $1.9 billion.
India has been the second largest market for international capital inflances, after the US, and it is expected to surpass the US as the second biggest market by 2019.
The bank of India has also seen a large growth in number of branches in recent years.
India is one the fastest growing banking markets in the region, and the RBI data shows that the size of the bank of the country has increased from 3,724 branches in 2011 to 6,936 branches in 2016, an increase from 7,624 branches to 9,723 branches.
This has helped ease the burden of large banks as they have become less reliant on cash, which means that they have had to make more money on their loans.
India accounts for almost half of the global total of small banks, with the average size of a bank in India being 6.5 branches.
While the banking business is not mainstream, there is no denying that its booming.
There are over 200,000 small and medium enterprises in India.
There is also a burgeoning market for small startups and micro businesses, which are often overlooked by banks, but are growing at an alarming rate.
The number of micro businesses is also increasing rapidly, with nearly 10 million businesses in India by 2020.