India's Rs 77 trillion (US$ 1.30 trillion)-banking industry is well at par with global standards and norms. Prudent practices and conventional framework adopted by the regulator, Reserve Bank of India (RBI), have insulated Indian banks from the global financial crisis. The country has 87 scheduled commercial banks with deposits worth Rs.71.6 trillion (US$ 1.21 trillion) as on 31 May, 2013.
Some of the positions core is working on in the BFSI segment
