This book examines the developments in the banking sector of the Indian economy during the post-liberalisation period (i.e. from 1991 till date). It covers a large number of issues confronting the banking industry. However, the focus is on the following aspects: rationale and efficacy of banking reforms, profitability of major banks and new private sector banks, trends in non-interest income of banks, impact of falling rate of interest on banks, human resource management by banks, changing pattern of employment in banks, information technology (IT) in the banking sector, and rural development through bank credit.