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Abstract
Banks play momentous role in the economic growth of a nation as they, to a hugedegree, exertmanage over the money supply in flow and are the majorstimulus of economic development. Economic expansion is a vibrant and unremitting process which is extremely dependent on the mobilization of funds, venture and the operational effectiveness of the variety of segment of the economy. Hence, a powerful banking sector is necessary for development, employment, generating prosperity, poverty reduction, and capitalist activity and rising GDP augmentation. The main objective of this study is to analyze the banking sector and performance of commercial banks in India in recent time period. The term bank performance means the adoption of a set of indicators which are indicative of the bank’s current status and the extent of its ability to achieve the desired objectives. The study is descriptive in nature with secondary data through the RBI report and related articles. The development of the Indian financial system is predictable to increase from 6.68 per cent in financial year 2017 to 7.23 per cent in financial year 2018. The banking sector reforms and worldwide developments have exaggerated the banking sector recital in India which in turn affects the economic growth of India.