A nations economic development depends heavily on banks. The role that banks have historically played in the economics of the nation is significant. They have a significant impact on how the economy and trade grow. They serve not just as the nations wealthy custodians but also as its resources, which are essential to a countrys ability to flourish economically. Commercial banks primary responsibility is to offer the general public and business with financial services that promote social and economic stability as well as steady economic growth. The State Bank of India (SBI) and its affiliates, nationalised banks, foreign banks, other scheduled commercial banks, regional rural banks, and non-scheduled commercial banks are all considered to be commercial banks in India. More than 50,000 commercial banks have locations nationwide, and there are about 8,000 regional rural banks that serve 280 districts. Small-scale businesses can sometimes receive medium-term financial help from commercial banks in addition to short-term loans. A nations economic development depends heavily on banks. They pool the dormant savings of individuals and provide avenues for investment. Furthermore, they create fresh demand deposits through lending and purchasing investment tools. The underlying data serve as the groundwork for a study exploring the role of commercial banks in fostering economic growth. The main focus of this research is to assess and analyse the influence of commercial banks on the development of Indias economy. The study also illustrates how credit and loans impact Indias GDP and, in turn, its rate of economic growth.