The Indian banking sector is considered to be one to the most dynamic and robust sectors of the nation and it has been promising a continued growth for the last couple of decades. The country has become a hot-bed of foreign investments and there has been a consistent influx of funds in the economy signifying a steady faith of the world economic forum on the Indian performance. In India, financial exclusion which had taken a very important shape in the de-monetisation regime also saw a cushion due to the increased awareness among the Indian customer base about banking advantages. The pandemic ensured that the savings of the population did not get eroded from the economy. (Choudhary, 2022) The paper makes an attempt to understand whether the banking sector ahs suffered a set-back in terms of Foreign Direct Investment, the savings deposit and the bank credit ( NBFC Status) in the commercial banks. One of the key components of the banking sector is the flow of foreign funds into it and also the savings deposits. Clearly, the banking sector did suffer due to pandemic and more specifically in the retail operations and their contribution to the overall banking statistics did have disruptive effect. On the other hand, the parameters considered for this paper have shown some very assuring results