Explore the transformative journey of Indian banking reforms and their impact on banking productivity in India. This insightful analysis delves into the critical financial sector changes since the 1990s, including the adoption of the Basel II framework and the Reserve Bank of India’s evolving role in payment systems. Gain empirical evidence and a vivid account of trends affecting select Indian banks. Essential for economists, banking professionals, and students seeking to understand the dynamics of financial intermediation and stability in the Indian economy. A must-read for anyone interested in India’s economic evolution.