Trend And Progress Of Banking In India 2024. Between july 1, 2024 and september 30, 2024, industrials were up 11.6%, vs 1.6% for tech. India’s banking sector has reached a significant milestone in fiscal year 2024 (fy24), with the collective net profit exceeding rs 3 lakh crore for the first time.
Since the last exercise, india demonstrated progress in large value payment systems, fast payment systems, digital payment options available for bill payments, available channels. * digital modes of payments.