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Banking sector all around the world is growing in quite a pace. Be it their ability to expand from a national bank to an international one, of the portfolios they have started to manage. Banking sector Is now growing with leaps and bounds which makes it easy for the economy of the country to sustain itself on (EY , 2017).
There are many countries where the banking sector has flourished extensively andcontributes quite a lot to their economy as well. For the purpose of this report, we will bediscussing the banking industry of Australia, India and China, focusing on their growth andhow they have been successful in managing certain situations like cash crunch, liquidityreserves and capital requirements.
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