Author: Kamal Nayan Kabra
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 284
Book Description
Nationalisations in India: Financial sector
Author: Kamal Nayan Kabra
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 284
Book Description
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 284
Book Description
Indian Financial Sector
Author: Rakesh Mohan
Publisher: International Monetary Fund
ISBN: 1475570201
Category : Business & Economics
Languages : en
Pages : 35
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.
Publisher: International Monetary Fund
ISBN: 1475570201
Category : Business & Economics
Languages : en
Pages : 35
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.
The India Policy Forum 2004
Author: Suman Bery
Publisher: Brookings Institution Press
ISBN: 9780815797623
Category : Business & Economics
Languages : en
Pages : 362
Book Description
A Brookings Institution Press and the National Council of Applied Economic Research publication The India Policy Forum (IPF) is a new annual publication dedicated to research on the contemporary Indian economy. It provides a forum for addressing the scope, speed, and desirability of economic reforms within India and their fundamental impacts on the country's social and economic welfare. The IPF aims to nurture a global network of scholars interested in India's economic transformation. A joint publication of the National Council of Applied Economic Research in India and the Brookings Institution in the United States, the IPF provides a bridge between researchers in India and abroad. This inaugural issue contains highlights from a conference held in New Delhi in March 2004. Topics include: • India's Trade Reform: Progress, Impact, and Future Strategy • Should a U.S.-India Free Trade Agreement Be Part of India's Trade Strategy? • Foreign Inflows and Macroeconomic Policy in India • India's Experience with the Implementation of a Pegged Exchange Rate • The Challenges for Capital Account Convertibility in India • Banking Reform in India
Publisher: Brookings Institution Press
ISBN: 9780815797623
Category : Business & Economics
Languages : en
Pages : 362
Book Description
A Brookings Institution Press and the National Council of Applied Economic Research publication The India Policy Forum (IPF) is a new annual publication dedicated to research on the contemporary Indian economy. It provides a forum for addressing the scope, speed, and desirability of economic reforms within India and their fundamental impacts on the country's social and economic welfare. The IPF aims to nurture a global network of scholars interested in India's economic transformation. A joint publication of the National Council of Applied Economic Research in India and the Brookings Institution in the United States, the IPF provides a bridge between researchers in India and abroad. This inaugural issue contains highlights from a conference held in New Delhi in March 2004. Topics include: • India's Trade Reform: Progress, Impact, and Future Strategy • Should a U.S.-India Free Trade Agreement Be Part of India's Trade Strategy? • Foreign Inflows and Macroeconomic Policy in India • India's Experience with the Implementation of a Pegged Exchange Rate • The Challenges for Capital Account Convertibility in India • Banking Reform in India
India's Transforming Financial Sector
Author: Manoranjan Sharma
Publisher: Atlantic Publishers & Dist
ISBN: 9788126908080
Category : Finance
Languages : en
Pages : 452
Book Description
India Has Entered The Second Stage Of Financial Sector Development, Where Market Forces Are Helping In Resources Allocation And Efficient Price Discovery Process.The Harmonization Of Regulatory Institutions And Devising Of New Financial Architecture Is Necessary To Enhance The Resilience Of India S Financial Sector And Reduce The Fragility Of Some Financial Institutions. High Exposure In Government Securities, Government Guaranteed Loans, Improper Valuation Of Collaterals, Vulnerability To Interest Rate Cycle, Still High Level Of Npas, Unsatisfactory Corporate Governance And Disclosures, Inadequate Surveillance, Stock Market Volatility, Risk Concentration And Policy Failure Cause Concern. This Necessitates Improving Transparency And Governance, Resolving Failure In The Industrial And Financial Sector, De-Linking Government And Private Sector, Fostering Innovation, And Improving The Supervisory And Regulatory Infrastructure. Given The Debilitating Impact Of Financial Sector Crisis On The Economy, The Stability Of The Financial Sector Should Be The Goal Of The Economy. Financial Stability Can Be Strengthened By Improved Financial Infrastructure, Enhanced Competition And Restructured Segments Of Financial System.Reform Measures Enhanced Efficiency And Stability Of The Banking System In India. Indian Banks Are Well Placed Compared With Their Counterparts In Developed Countries. But There Are Persisting Issues Of Removal Of Structural Barriers To Competition, Privatisation Of Banking System, Radical Restructuring, Downsizing Of The Balance Sheet, Recapitalisation And Eventual Privatisation Of The Financial Institutions, Withdrawal Of Quantitative Credit Controls And Directed Credit And Modernisation Of The Payment System. The Inexorable Process Of Economic Reforms Must Continue To Slash Poverty And Support Sustainable Development While Strengthening Financial Institutions. This Overarching Goal Of Development Needs A Renewed Thrust On Financial Sector Reforms. The Papers Included In The Present Book Cover Large Areas, But All Coalesce Into The Central Theme Of India S Transforming Financial Sector. It Is Hoped That The Book Will Prove Useful To A Wide Cross Section Of The Reading Public, Including Scholars And Academics, The Government Executives, International Institutions, Business Communities, And Planners And Policymakers.
Publisher: Atlantic Publishers & Dist
ISBN: 9788126908080
Category : Finance
Languages : en
Pages : 452
Book Description
India Has Entered The Second Stage Of Financial Sector Development, Where Market Forces Are Helping In Resources Allocation And Efficient Price Discovery Process.The Harmonization Of Regulatory Institutions And Devising Of New Financial Architecture Is Necessary To Enhance The Resilience Of India S Financial Sector And Reduce The Fragility Of Some Financial Institutions. High Exposure In Government Securities, Government Guaranteed Loans, Improper Valuation Of Collaterals, Vulnerability To Interest Rate Cycle, Still High Level Of Npas, Unsatisfactory Corporate Governance And Disclosures, Inadequate Surveillance, Stock Market Volatility, Risk Concentration And Policy Failure Cause Concern. This Necessitates Improving Transparency And Governance, Resolving Failure In The Industrial And Financial Sector, De-Linking Government And Private Sector, Fostering Innovation, And Improving The Supervisory And Regulatory Infrastructure. Given The Debilitating Impact Of Financial Sector Crisis On The Economy, The Stability Of The Financial Sector Should Be The Goal Of The Economy. Financial Stability Can Be Strengthened By Improved Financial Infrastructure, Enhanced Competition And Restructured Segments Of Financial System.Reform Measures Enhanced Efficiency And Stability Of The Banking System In India. Indian Banks Are Well Placed Compared With Their Counterparts In Developed Countries. But There Are Persisting Issues Of Removal Of Structural Barriers To Competition, Privatisation Of Banking System, Radical Restructuring, Downsizing Of The Balance Sheet, Recapitalisation And Eventual Privatisation Of The Financial Institutions, Withdrawal Of Quantitative Credit Controls And Directed Credit And Modernisation Of The Payment System. The Inexorable Process Of Economic Reforms Must Continue To Slash Poverty And Support Sustainable Development While Strengthening Financial Institutions. This Overarching Goal Of Development Needs A Renewed Thrust On Financial Sector Reforms. The Papers Included In The Present Book Cover Large Areas, But All Coalesce Into The Central Theme Of India S Transforming Financial Sector. It Is Hoped That The Book Will Prove Useful To A Wide Cross Section Of The Reading Public, Including Scholars And Academics, The Government Executives, International Institutions, Business Communities, And Planners And Policymakers.
The Role of Microfinance in Women's Empowerment
Author: Raji Ajwani-Ramchandani
Publisher: Emerald Group Publishing
ISBN: 1787144259
Category : Business & Economics
Languages : en
Pages : 330
Book Description
Delving into the effects of microfinance in both rural and urban communities, this book will be of interest to researchers of women studies, microfinance, and development economics.
Publisher: Emerald Group Publishing
ISBN: 1787144259
Category : Business & Economics
Languages : en
Pages : 330
Book Description
Delving into the effects of microfinance in both rural and urban communities, this book will be of interest to researchers of women studies, microfinance, and development economics.
Ongoing Developments In Banking & Financial Sector : Volume -2
Author: Editors : Raj Kapila & Uma Kapila
Publisher: Academic Foundation
ISBN: 9788171881727
Category :
Languages : en
Pages : 330
Book Description
Publisher: Academic Foundation
ISBN: 9788171881727
Category :
Languages : en
Pages : 330
Book Description
Indian Banking
Author: R Parameswaran
Publisher: S. Chand Publishing
ISBN: 9788121920377
Category : Business & Economics
Languages : en
Pages : 306
Book Description
INDIAN BANKING FOR STUDENTS OF B.COM/B.A & MANAGEMENT COURSES
Publisher: S. Chand Publishing
ISBN: 9788121920377
Category : Business & Economics
Languages : en
Pages : 306
Book Description
INDIAN BANKING FOR STUDENTS OF B.COM/B.A & MANAGEMENT COURSES
Nationalisations in India: Political economy of nationalisations
Author: Kamal Nayan Kabra
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 284
Book Description
In Two Volumes This Book Examines In A Historical, Macro, Sectoral And Broad Socio Political Context, The Forces And Reasoning Connected With Juridical Transformation Of Property Relations In Varions Non Agricultural Enterprises And Industires Between 1947 And 1980. It Also Provides An Analytic History Of Various Economic Policies In Spheres Which Experienced Nationalization.
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 284
Book Description
In Two Volumes This Book Examines In A Historical, Macro, Sectoral And Broad Socio Political Context, The Forces And Reasoning Connected With Juridical Transformation Of Property Relations In Varions Non Agricultural Enterprises And Industires Between 1947 And 1980. It Also Provides An Analytic History Of Various Economic Policies In Spheres Which Experienced Nationalization.
Indian Economy
Author: Dr. Mrs. V.M. Suneela Shyam
Publisher: Archers & Elevators Publishing House
ISBN: 9394958762
Category : Antiques & Collectibles
Languages : en
Pages : 200
Book Description
Publisher: Archers & Elevators Publishing House
ISBN: 9394958762
Category : Antiques & Collectibles
Languages : en
Pages : 200
Book Description
India's Banking and Financial Sector in the New Millennium
Author: Raj Kapila
Publisher: Academic Foundation
ISBN: 9788171882236
Category : Business & Economics
Languages : en
Pages : 406
Book Description
Eminent economists, financial experts, and top bankers are the authors of the essays collected within these two volumes, which present a concise and authoritative overview of some of the latest and the most challenging issues facing India's financial sector in the 21st century.
Publisher: Academic Foundation
ISBN: 9788171882236
Category : Business & Economics
Languages : en
Pages : 406
Book Description
Eminent economists, financial experts, and top bankers are the authors of the essays collected within these two volumes, which present a concise and authoritative overview of some of the latest and the most challenging issues facing India's financial sector in the 21st century.