Transformation of Public Sector Banks in India

Transformation of Public Sector Banks in India PDF Author: K Srinivasa Rao
Publisher: Notion Press
ISBN: 9781645878674
Category : Business & Economics
Languages : en
Pages : 278

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Book Description
Transformation of Public Sector Banks in India crisply captures the different phases of the journey of the transformation of PSBs in India, beginning with the nationalisation of banks. It maps the developments and challenges of PSBs in expanding the outreach to the unbanked hinterland to fulfil the socio-economic needs of the financially excluded segments. The resilience of PSBs is evident, more particularly in adopting technology, business process reengineering, risk management, asset quality management and other significant post-reform measures. The challenge to reinvent universally accessible banking services to compete with new generation banks is the reflection of the commitment of PSBs. The changes in the organizational structure, governance, human resource management and leadership developments brought through the seven pronged 'Indradhanush' framework and the Enhanced Access and Service Excellence (EASE) set of reforms put together provide an insight on the next level of bank reforms.

Transformation of Public Sector Banks in India

Transformation of Public Sector Banks in India PDF Author: K Srinivasa Rao
Publisher: Notion Press
ISBN: 9781645878674
Category : Business & Economics
Languages : en
Pages : 278

Get Book Here

Book Description
Transformation of Public Sector Banks in India crisply captures the different phases of the journey of the transformation of PSBs in India, beginning with the nationalisation of banks. It maps the developments and challenges of PSBs in expanding the outreach to the unbanked hinterland to fulfil the socio-economic needs of the financially excluded segments. The resilience of PSBs is evident, more particularly in adopting technology, business process reengineering, risk management, asset quality management and other significant post-reform measures. The challenge to reinvent universally accessible banking services to compete with new generation banks is the reflection of the commitment of PSBs. The changes in the organizational structure, governance, human resource management and leadership developments brought through the seven pronged 'Indradhanush' framework and the Enhanced Access and Service Excellence (EASE) set of reforms put together provide an insight on the next level of bank reforms.

T R A N S F O R M A T I O N

T R A N S F O R M A T I O N PDF Author: Dasarathi Mishra
Publisher: Partridge Publishing
ISBN: 148283751X
Category : Business & Economics
Languages : en
Pages : 413

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Book Description
“The author, Dasarathi Mishra, a veteran central banker and bank supervisor and a leading champion for financial education, has comprehensively captured the critical role played by the central bank in the financial sector reforms. Mr Mishra’s book is a good addition to the literature on post reforms Indian financial system whose robustness and resilience remains critical to strong, sustained, and inclusive economic growth of the country.” — Harun R Khan, Former Deputy Governor, Reserve Bank of India

Changing Dimensions of Banking in India

Changing Dimensions of Banking in India PDF Author: K. Srinivasa Rao
Publisher: Notion Press
ISBN: 1684941962
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
When the banking sector was coping with mergers and consolidation, the enlarged scope of activities of non-banks, fintech companies on high voltage digital banking spree, the scourge of the pandemic suddenly added several tectonic changes. The Covid-induced stress led to several rounds of stimulus packages, expansionary Union Budget 2021-22 and increased Capex allocations where the role of banks became more critical. Formation of Development Finance Institutions (DFI) and National Asset Reconstruction Company Ltd. (NARCL) – Bad Bank followed to provide the firepower to revive and sustain the economy. Encouraged by the unprecedented changes in banking sector, writing a book on ‘Changing Dimensions of Banking in India’ was considered apt to capture key changes with their implications. It highlights the nuances of potential changes in the organizational structure, corporate governance, digital innovations, credit growth, MSME sector, better managing asset quality and strengthening risk management architecture. The quick read can be a ready reference to the next generations leaders.

Economic Reform in India

Economic Reform in India PDF Author: Nicholas C. Hope
Publisher: Cambridge University Press
ISBN: 1139560840
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
The essays in this volume are written by leading economists working on the Indian economy. They collectively emphasize the importance of policies and institutions for sustained growth and poverty reduction, stressing that the success of sector-specific policies is vitally dependent on the nature of markets and the functioning of institutions such as those charged with regulating and overseeing critical sectors. Individual contributions assess the role of Indian government policy in key sectors and emphasize the policies required to ensure improvements in these sectors. The first section discusses aspects of the macro economy; the second deals with agriculture and social sectors; the third with jobs and how labor markets function in agriculture, industry and services; and the fourth with infrastructure services, specifically electricity, telecommunications and transport. The essays are drawn from the most influential papers presented in recent years on Indian economic policy at the Stanford Center for International Development.

Quest for Restoring Financial Stability in India

Quest for Restoring Financial Stability in India PDF Author: Viral V. Acharya
Publisher: Penguin Random House India Private Limited
ISBN: 9357082468
Category : Business & Economics
Languages : en
Pages : 278

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Book Description
An excellent primer for students wanting to learn macroeconomics and policymaking - Kaushik Basu An important and timely contribution to our understanding of the Indian economy - Raghuram Rajan How to maintain financial stability in India? Quest for Restoring Financial Stability in India is a classic work to understand this critical subject. In this Penguin edition, with a new introduction, Viral V. Acharya, former Deputy Governor of RBI offers a concrete road map for comprehensive improvement of India's economy. Authoritative and definitive, this is a must read for the students and scholars of Indian economy, policymakers and anyone interested in India's finance sector.

Macroeconomics and Markets in India

Macroeconomics and Markets in India PDF Author: Ashima Goyal
Publisher: Routledge
ISBN: 1317978676
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
India was one of the better performers after the global financial crisis, and has done well despite opening out in a period of great international volatility. This book asks if this was due to luck or to good management. How much did macroeconomic policy contribute and did it do as much as it could have, on a reform path that was not standard? Are there any lessons from the Indian experience for the rest of the world? Senior Indian policy economists, market participants, and researchers address these interesting and important questions. There are those who think financial reform has gone too fast - relaxations in foreign borrowing norms exposed firms to external shocks. Volatile capital flows impacted markets, although more liberalization of risk-sharing equity compared to debt flows, was effective in reducing domestic risk. But there are also those who think reform was too slow - choking financial development: many markets and instruments that could improve domestic financial intermediation and reduce risk were held back. Analysis suggests policy was able to find the correct timing, pace and combination of reforms and of caution, but improvement is always possible. Luck and inherent strengths of the economy helped absorb both policy mistakes and external shocks. This book was originally published as a special issue of Macroeconomics and Finance in Emerging Market Economies.

Modern Banking Services (Private And Public Sector Banks)

Modern Banking Services (Private And Public Sector Banks) PDF Author: Dr M JuliasCeasar, Dr B Sheeba Pearline
Publisher: Archers & Elevators Publishing House
ISBN: 8195038425
Category : Antiques & Collectibles
Languages : en
Pages :

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Book Description


The India Policy Forum 2004

The India Policy Forum 2004 PDF Author: Suman Bery
Publisher: Brookings Institution Press
ISBN: 9780815797623
Category : Business & Economics
Languages : en
Pages : 362

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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

Citizen Empowerment through Digital Transformation in Government

Citizen Empowerment through Digital Transformation in Government PDF Author: Neeta Verma
Publisher: CRC Press
ISBN: 1000482855
Category : Computers
Languages : en
Pages : 266

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Book Description
Technological innovations across the globe are bringing profound change to our society. Governments around the world are experiencing and embracing this technology-led shift. New platforms, emerging technologies, customizable products, and changing citizen demand and outlook towards government services are reshaping the whole journey. When it comes to the application of Information and Communication Technologies (ICT) in any sector, the Government of India has emerged as an early adopter of these technologies and has also focused on last-mile delivery of citizen-centric services. Citizen Empowerment through Digital Transformation in Government takes us through the four-decade long transformational journey of various key sectors in India where ICT has played a major role in reimagining government services to citizens across the country. It touches upon the emergence of the National Informatics Centre as a premier technology institution of the Government of India and its collaborative efforts with the Central, State Governments, as well as the District level administration, to deliver best-in-class solutions. Inspiring and informative, the book is filled with real-life transformation stories that have helped to lead the people and the Government of India to realize their vision of a digitally empowered nation.

GovTech Maturity Index

GovTech Maturity Index PDF Author: Cem Dener
Publisher: World Bank Publications
ISBN: 1464817650
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
Governments have been using technology to modernize the public sector for decades. The World Bank Group (WBG) has been a partner in this process, providing both financing and technical assistance to facilitate countries’ digital transformation journeys since the 1980s. The WBG launched the GovTech Initiative in 2019 to support the latest generation of these reforms. Over the past five years, developing countries have increasingly requested WBG support to design even more advanced digital transformation programs. These programs will help to increase government efficiency and improve the access to and the quality of service delivery, provide more government-to-citizen and government-to-business communications, enhance transparency and reduce corruption, improve governance and oversight, and modernize core government operations. The GovTech Initiative appropriately responds to this growing demand. The GovTech Maturity Index (GTMI) measures the key aspects of four GovTech focus areas—supporting core government systems, enhancing service delivery, mainstreaming citizen engagement, and fostering GovTech enablers—and assists advisers and practitioners in the design of new digital transformation projects. Constructed for 198 economies using consistent data sources, the GTMI is the most comprehensive measure of digital transformation in the public sector. Several similar indices and indicators are available in the public domain to measure aspects of digital government—including the United Nations e-Government Development Index, the WBG’s Digital Adoption Index, and the Organisation for Economic Co-operation and Development (OECD) Digital Government Index. These indices, however, do not fully capture the aspects of emphasis in the GovTech approach—the whole-of-government approach and citizen centricity—as key when assessing the use of digital solutions for public sector modernization. The GTMI is not intended to be an assessment of readiness or performance; rather, it is intended to complement the existing tools and diagnostics by providing a baseline and a benchmark for GovTech maturity and by offering insights to those areas that have room for improvement. The GTMI is designed to be used by practitioners, policy makers, and task teams involved in the design of digital transformation strategies and individual projects, as well as by those who seek to understand their own practices and learn from those of others.