• Dr.Jayashree Beerappa

The banking industry and financial institutions are important parts of any economy. The development of these areas has had a big impact on the growth of financial services in India, and this change is still happening. This change is because of different factors like new rules and what customers want. But the biggest change has been because of technology. There has been a lot of new ideas and different ways of doing business in major banks. Some banks have started working in areas like consumer credit, credit cards, merchant banking, leasing, and mutual funds. Some have already created separate companies for these services, and many more are planning to do so. Some banks have also started offering factoring services. This paper looks at the recent changes in the banking system in India and how they affect the Indian economy.

: Banking industry, Digital India, Economic development, Financial services, Technological advancement

"A Descriptive study of Recent trends in banking Issues and challenges", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.13, Issue 2, page no.b390-b395, February-2026, Available :http://www.jetir.org/papers/JETIR2602151.pdf

"A Descriptive study of Recent trends in banking Issues and challenges", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.13, Issue 2, page no. ppb390-b395, February-2026, Available at : http://www.jetir.org/papers/JETIR2602151.pdf