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India has a diversified Banking and financial services sector that is undergoing huge expansion, both in terms of offering a variety of services & branches. The Reserve bank has allowed new entities such as payment banks to be created recently, thereby adding to the type of entities operating in the sector. The regulator also came out with various measures to stimulate the growth of the banking sector like digital banking and virtual currency etc. Banking Industry: The Indian banking Industry consists of 12 public sector banks, 22 private sector banks, 46 foreign banks, 56 regional rural banks, 1531 urban cooperative banks, and 96,000 rural cooperative credit institutions and societies as of Dec 31st, 2021. As of the year ending 2021, the total number of ATMs in India reached 213,145. Job Opportunities: With the kind of market size and potential to grow, there are huge opportunities for freshers in various Public sector and private sector Banks.

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