Banking Sector Liberalization in India PDF Download

Author: Christian Roland
Publisher: Springer Science & Business Media
ISBN: 3790819824
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
This fascinating and timely work explores in detail the changes in the Indian banking sector over the last 20 years, and puts them into a comparative perspective with the Chinese banking sector. For this purpose, the author develops a detailed indicator-based framework for assessing the liberalization of a banking sector along various process steps based on financial liberalization and transformation studies. The key finding is that while liberalization has improved the sectoral performance, it has so far had no effect on the macro level.

Author: Kunal Sen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
This book analyzes the process of financial liberalization in India in the post-1991 period. The authors detail the key changes in each segment and market, and hypothesize possible paths that different constituents of the financial sector may take in the future.

Author: Christian Roland
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description
India has over the last decades experienced different degrees of repressive policies in the banking sector. This paper focuses on the changing intensity of three policies that are commonly associated with financial repression, namely interest rate controls, statutory pre-emptions and directed credit as well as the effects these policies had. The main findings are that the degree of financial repression has steadily increased between 1960 and 1980, then declined somewhat before rising to a new peak at the end of the 1980s. Since the start of the overall economic reforms in 1991, the level of financial repression has steadily declined. Despite the high degree of financial repression, no statistically significant negative effects on savings, capital formation and financial development could be established, which is contrary to the predictions of the financial liberalization hypothesis.

Author: C. Rangarajan
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812301093
Category : Business & Economics
Languages : en
Pages : 78

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Book Description
The year 1991 marked an important watershed in the economic history of post-Independent India. The country went through a severe economic crisis triggered by a serious balance of payments situation. The crisis was converted into an opportunity to introduce some fundamental changes in the content and approach to economic policy. The purpose of this book is to detail the structural reform process undertaken by India and to evaluate its results. In the post-liberalization period, the country has moved to a higher growth path. Objective conditions exist for the economy to grow at a sustained rate of seven per cent. The slow growth in agriculture and the consequent impact of a slower decline in poverty reduction are areas of concern.

Author: Mrs.Poonam Gupta
Publisher: International Monetary Fund
ISBN: 1455218928
Category : Business & Economics
Languages : en
Pages : 46

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Book Description
Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership affect the availability of credit to the private sector? Empirical evidence is somewhat mixed on these issues. We use the Indian experience with liberalization of the financial sector to inform this debate. Using bank-level data from 1991-2007, we ask whether public and private banks deployed resources freed up by reduced state preemption to increase credit to the private sector. We find that even after liberalization, public banks allocated a larger share of their assets to government securities than did private banks. Crucially, we also find that public banks were more responsive in allocating relatively more resources to finance the fiscal deficit even during periods when state pre-emption (measured in terms of the requirement to hold government securities as a share of assets) formally declined. These findings suggest that in developing countries, where alternative channels of financing may be limited, government ownership of banks, combined with high fiscal deficits, may limit the gains from financial liberalization.

Author: Ms.Petya Koeva Brooks
Publisher: International Monetary Fund
ISBN: 1451856989
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
This paper provides new empirical evidence on the impact of financial liberalization on the performance of Indian commercial banks. The analysis focuses on examining the behavior and determinants of bank intermediation costs and profitability during the liberalization period. The empirical results suggest that ownership type has a significant effect on some performance indicators and that the observed increase in competition during financial liberalization has been associated with lower intermediation costs and profitability of the Indian banks.

Author: Mohan Prasad Shrivastava
Publisher: APH Publishing
ISBN: 9788131301593
Category : Bank management
Languages : en
Pages : 444

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Book Description
Contributed articles with reference to India.

Author: Priya Basu
Publisher: MacMillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
The papers in this volume assess progress with financial sector reforms over the past decade or so, and analyse the new challenges that confront India's policy makers and financial regulators. The papers highlight a formidable reform agenda, pointing to t

Author: Saghir Ahmad Ansari
Publisher: Mittal Publications
ISBN: 9788183241465
Category : Banks and banking
Languages : en
Pages : 248

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Book Description

Author: Debaprosanna Nandy
Publisher: Universal-Publishers
ISBN: 1599423510
Category :
Languages : en
Pages :

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Book Description
The Committee on Financial System (CFS), popularly known as Narasimham Committee, was set up in 1991 to make recommendations for bringing about the necessary reforms in the financial sector. Narasimham Committee appraised and acknowledged the success and progress of Indian banks since the major banks were nationalized on 19 July 1969. Unfortunately, the developments were witnessed only in the field of expansion and spread of bank branches, generation of huge employment and mobilization of savings rather than also in improvement in efficiency. Besides, corruption, fraud, misutilization in public money, outdated technology, and politicization in policy making were found to be major drawbacks in the real progress of the banks. As the banking sector plays an important and crucial role in the economy of a country for its stabilization and balanced growth, major reforms were urgently needed, after 22 years of nationalization, to revive Indian banks. This was not only in the field of profitability, but also in the overall efficiency, viz., better management of non-performing assets (NPAs), satisfying capital requirements, increased cost effectiveness and control, enhanced customer service, improved technology, establishing competitive interest rate, effective man-power planning, introduction of asset-liability management, better productivity, launching new products, and becoming more competent to face the upcoming challenges and competition from foreign as well as private sector banks in the era of globalization and liberalization. The objectives of the study are to examine the need and relevance of reforms in Indian banks, to assess the efficiency and profitability of Indian banks during reforms from different perspectives, to discuss various issues of NPA management in the light of reforms, to measure the performance of the banks of West Bengal during the reforms, to analyse the role of information technology and its relevancy in Indian banks in the era of reforms, and to impart necessary suggestions for the improvement of the efficiency and profitability of Indian banks.