Evolution of Banking System in India Since 1900 PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Evolution of Banking System in India Since 1900 PDF full book. Access full book title Evolution of Banking System in India Since 1900 by O. P. Chawla. Download full books in PDF and EPUB format.
Author: O. P. Chawla
Publisher: Sage Publications Pvt. Limited
ISBN: 9789353882235
Category :
Languages : en
Pages : 332
Get Book Here
Book Description
This book presents a comprehensive study of the evolution, growth, and development of the Indian Banking System since 1900.
Author: O. P. Chawla
Publisher: Sage Publications Pvt. Limited
ISBN: 9789353882235
Category :
Languages : en
Pages : 332
Get Book Here
Book Description
This book presents a comprehensive study of the evolution, growth, and development of the Indian Banking System since 1900.
Author: Abhik Ray
Publisher: Penguin Books India
ISBN: 0670999067
Category : Banks and banking
Languages : en
Pages : 1110
Get Book Here
Book Description
&Nbsp; Playing A Part In The Story Is A Cast Of Bankers Who Left Their Imprint On The Bank&Rsquo;S Policies, Practices And Character, Among Them A Series Of Remarkable Chairmen, Not To Speak Of The Hundreds Of Dedicated Officers And Other Employees Who Helped Establish The Bank&Rsquo;S Pre-Eminence And Provide Leadership To The Banking System. &Nbsp; The State Bank Of India Act Received The President&Rsquo;S Assent On 8 May 1955, And On 1 July, Moving With Remarkable Swiftness, The New Bank Came Into Being. The Purpose Was To Create An Institution That Would Form An Essential Part Of The Country&Rsquo;S Plans For Modernization, Envisaged In The Era Of Economic Planning. The Bank Would Have Its Roots Firmly Planted In The Countryside Through A Network Of Branches That Spanned The Country&Rsquo;S Farthest Corners, And Play A Major Role In National Development. In Volume 4 Of The Evolution Of The State Bank Of India We Are Taken Into The Heart Of The Entire Exercise, Ranging From The Organizational Issues Posed By A Rapidly Expanding Network Of Branches Running Into The Thousands To Those Of Motivating A Huge Workforce, Besides The Problems Of Venturing Into Areas Of Banking&Mdash;Such As Development Banking Geared To The Needs Of The Artisan And The Farmer&Mdash;That Had Not Been Tried Before.
Author: Rajinder Kumar Uppal
Publisher:
ISBN: 9788177082722
Category : Capital market
Languages : en
Pages : 0
Get Book Here
Book Description
Money, banking, and finance are at the heart of an economic system. This book examines the evolution and present structure of the monetary, banking, and financial system of India, with a focus on post-1991 period. The book is organized into three parts. Part I deals with forms and functions of money (including e-money), the role of the Reserve Bank of India (RBI) in monetary and credit management, and the evolution of monetary policy in India since independence in 1947. Part II describes and critically examines the functioning of various banking institutions, covering: commercial banks, regional rural banks, urban co-operative banks, rural co-operative credit institutions, and development banks. Three additional financial organizations are covered, including non-banking financial companies, mutual funds, and insurance organizations. Part III begins with the role of the financial system in economic development. It traces the evolution of India's financial system since independence and explains its present structure. It focuses on the reform measures introduced in the money market, government securities market, capital market, corporate debt market, credit market, and foreign exchange market.
Author: Niti Bhasin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Get Book Here
Book Description
"The banking system of India consists of the Central Bank (Reserve Bank of India), Commercial Banks, Co-operative Banks and Development Banks (development finance institutions). These institutions, which provide a meeting ground for the savers and the investors, form the core of India's financial sector. Through mobilisation of resources and their better allocation, banks play an important role in the development process of underdeveloped countries. Banking development in India has been, by and large, a state-induced activity. The Reserve Bank of India was nationalised in 1949 followed by the nationalisation of Imperial Bank of India (now the State Bank of India) in 1955. In 1969, 14 major commercial banks were nationalised and the exercise was repeated when 6 more commercial banks were nationalised in 1980. Thus, prior to economic reforms initiated in early 1990s, banking business in India was a near-monopoly of the Government of India. The underlying philosophy of this approach was to encourage growth, via availability of adequate credit at reasonable/concessional rates of interest, in areas where commercial considerations did not allow for disbursal of credit. Nationalisation of commercial banks was a mixed blessing. After nationalisation there was a shift of emphasis from industry to agriculture. The country witnessed rapid expansion in bank branches, even in rural areas. However, bank nationalisation created its own problems like excessive bureaucratization, red-tapism and disruptive tactics of trade unions of bank employees. It was in this backdrop that wide-ranging banking sector reforms were introduced as in integral part of the economic reforms programme started in early 1990s and which is still under way. The present book explains and examines the changes which have swept the Indian banking sector over the last 60 years since independence. The approach to the subject is mainly descriptive, interested by critical comments at places."
Author: Niti Bhasin
Publisher:
ISBN: 9788177084337
Category : Banks and banking
Languages : en
Pages : 0
Get Book Here
Book Description
India has a long and checkered history of financial intermediation, particularly in the commercial banking industry. Soon after Independence in 1947, the government of India followed a policy of social control of important financial institutions, which was followed by the takeover of the then Imperial Bank of India in 1956. In 1969, the government nationalised 14 major commercial banks and, in 1980, six more commercial banks were nationalised and brought under public ownership. Until the initiation of economic reforms in early 1990s, banking business in India was a near-monopoly by the government of India. As a result of state domination, until the early 1990s India's banking system was characterised by barriers to entry, control over pricing of financial assets, high transaction costs, and restrictions on movement of funds from one market segment to another. It was against this backdrop that wide-ranging banking sector reforms were introduced as an integral part of the economic reforms program. These reforms have paved the way for integration among various segments of the financial system. This book explains and examines, at length, the changes which have swept India's banking sector since Independence in 1947, with focus placed on the post-1991 period. [Subject: Banking &?Finance, Economic History, India Studies]
Author: Bakhtiar Dadabhoy
Publisher:
ISBN: 9788184003499
Category : Bankers
Languages : en
Pages : 478
Get Book Here
Book Description
Author: Sonali Jain
Publisher:
ISBN: 9788177083910
Category : Bank management
Languages : en
Pages : 0
Get Book Here
Book Description
Around the world, the banking industry has undergone a transformation since the early 1980s under the impact of deregulation, advances in information technology, and globalization. Although these developments have made institutions more efficient by lowering transaction costs, they have also challenged the traditional regulatory arrangements based on institutions. Prior to reforms initiated in 1991, the banking sector in India suffered from a lack of competition, low capital base, inefficiency, and high intermediation costs. Ever since bank nationalization of 1969, the banking sector had been dominated by the public sector, along with a high degree of financial repression characterized by administered interest rates. Banking sector reforms have supported the transition of the Indian economy to a higher growth path, while significantly improving the stability of the financial system. This book provides a vivid account of the evolution of the banking sector in India during the post-Independence period, with a focus on financial reforms initiated in 1991. The various dimensions of the banking industry that are covered include, inter alia: (a) the ownership and governance of banks, (b) the regulation and supervision of banks, (c) credit allocation policies, (d) customer services, and (e) internet banking.
Author: Monica Worline
Publisher: Berrett-Koehler Publishers
ISBN: 1626564469
Category : Business & Economics
Languages : en
Pages : 273
Get Book Here
Book Description
Presenting an outline of the four necessary steps for meeting suffering with compassion, this insightful book shows how to build a capacity for compassion into the structures and practices of an organization. --
Author: Rakesh Mohan
Publisher: International Monetary Fund
ISBN: 1475570201
Category : Business & Economics
Languages : en
Pages : 35
Get Book Here
Book Description
This paper traces the story of Indian financial sector over the period 1950–2015. In identifying the trends and turns of Indian financial sector, the paper adopts a three period classification viz., (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by gradual and calibrated financial deepening and liberalization. Focusing more the third period, the paper argues that as a consequence of successive reforms over the past 25 years, there has been significant progress in making interest and exchange rates largely market determined, though the exchange rate regime remains one of managed float, and some interest rates remain administered. Considerable competition has been introduced in the banking sector through new private sector banks, but public sector banks continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance can expand much further, which would also provide greater depth to the financial markets. The extent of development along all the segments of the financial market has not been uniform. While the equity market is quite developed, activities in the private debt market are predominantly confined to private placement form and continue to be limited to the bluechip companies. Going forward, the future areas for development in the Indian financial sector would include further reduction of public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is only then that both the equity and debt markets will display greater breadth as well as depth, along with greater domestic liquidity. At the same time, while reforming the financial sector, the Indian authorities had to constantly keep the issues of equity and efficiency in mind.
Author: Juliette Levy
Publisher: Penn State Press
ISBN: 0271052147
Category : History
Languages : en
Pages : 176
Get Book Here
Book Description
During the nineteenth century, Yucat&án moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucat&án and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region&’s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucat&án&’s capitalist transformation. By focusing attention on the notaries&’ role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.
