Banking sector has remained the spine of Indian financial system since independence. Searching for the consolation of an individual, it provides greater comfort and most utility. The organization even brings the wide spectrum of worth-added services. It’s a one-stop financial resolution provider as well as it has its personal inner and external platforms to execute equity, debt, mutual funds, insurance coverage, property and foreign trade transactions. But the enormity of the 2008 monetary collapse required authorities and central financial institution intervention by no means earlier than seen in the world economy. After Lehman Brothers, one of America’s biggest investment banks, was allowed to go bankrupt, the Federal Reserve was required…