*Finance Review of the Last Three Years*
In the past three years, the finance sector has undergone significant changes. In 2023, the Reserve Bank of India increased interest rates, positively impacting the banking sector. In 2024, the government announced several key changes in the budget, including tax slab adjustments and incentives for homebuyers [7][9].
*Banking Sector*
The banking sector has seen several changes in the past three years. Public sector banks like Union Bank of India, Bank of Baroda, and SBI have increased their interest rates. Private sector banks like RBL Bank, SBM Bank India, and Bandhan Bank have also raised their interest rates [7][8].
*Mutual Funds*
The mutual fund sector has also evolved over the past three years. Funds like ICICI Pru LargeCap Fund, HDFC LargeCap Fund, and Invesco India LargeCap Fund have delivered good returns [12].
*Finance Companies*
Finance companies have also seen changes in the past three years. L&T Finance has seen an increase in its share value, while Bajaj Finance has raised its fixed deposit rates [10][9].
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