Banking in India
Banking in India is well regulated. In India Banking has been came into existence is the 18th century. The first which was established in India was the Bank of Hindustan. It was first established in 1770.

Banking in India

Banking

 Banking in India comprises a full network of 27 public banks, 21 private banks, 49 foreign banks, 56 regional banks with more than 1500 urban cooperative banks and more than 94000 rural cooperative banks and many cooperative credit institutions.

https://www.ipbindia.com/banking-in-india/