Russia's banking sector: a new reality in the "era" of the pandemic

The article considers the role of the Russian banking system and the institutional features of its development in modern conditions, as well as ways to improve the existing mechanisms of regulation of the banking sector. An assessment of the features of the Russian banking sector and the emergence of current development trends in the context of digitalization allows us to determine the prospects for the functioning of the banking sector. The analysis of problem areas also contributes to the development of proposals for improving preventive measures. The favorable development of the banking system contributes to the development of the national economy as a whole. When writing the paper, general and special research methods were used. As a result, the trends and features of the functioning of the banking system, as well as its role in maintaining the stability of the national economy during the pandemic, are analyzed.